Cleveland Corporation has 150,000 shares of common stock outstanding. The companys net income is $800,000 and its

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Cleveland Corporation has 150,000 shares of common stock outstanding. The company’s net income is $800,000 and its P/E is 10.

What is the company’s stock price?

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Financial Reporting and Analysis

ISBN: 978-1259722653

7th edition

Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer

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Posted Date: Nov 06, 2023 01:08 AM

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Cleveland Corporation has 150,000 shares of common stock outstanding. The companys net income is $800,000 and its

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Financial Reporting and Analysis

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