A company has the following items for the fiscal year 2020: Revenue = 10 million Net income
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Question:
Revenue = 10 million
Net income = 4 million
The company has 2 million shares of stock
Stock price per share = $70
Calculate the company's earnings per share and P/E ratio.
Related Book For
Intermediate Accounting Volume 2
ISBN: 9781119497042
12th Canadian Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
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