A company has depreciation expense of $25,300, interest expense of 15,400, EBIT of $42,700, a price-earnings ratio of 8.6, a net profit margin of 7.2 percent, a tax rate of 21 percent, and 37,500 shares of stock outstanding, What is the market price per share?

Answer rating: 100% (QA)

To calculate the market price per share we need to use the priceearnings ratio and the earn... View the full answer