Big Guy Subs has net income of $155,710, a price-earnings ratio of 11.3, and earnings per share

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Big Guy Subs has net income of $155,710, a price-earnings ratio of 11.3, and earnings per share of $2.59. How many shares of stock are outstanding? (round to the nearest whole number)

Shares outstanding =

Related Book For answer-question

Financial Accounting

ISBN: 978-0134127620

11th edition

Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz

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Posted Date: Dec 01, 2022 06:21 AM

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Big Guy Subs has net income of $155,710, a price-earnings ratio of 11.3, and earnings per share

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Step 1 Calculation of Shares Outstanding Net Income 155710 Earnings pe... View the full answer

Financial Accounting

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