Question: Based on the income statement below, the fact that the company has 857,120 shares outstanding, and the current stock price is $3 what are the

 Based on the income statement below, the fact that the company

Based on the income statement below, the fact that the company has 857,120 shares outstanding, and the current stock price is $3 what are the price earnings ratio? (Please enter your answer with two decimal points.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!