Kronlund Corp., which produces education-related widegets, has net income of $24.8 millions, and 3.24 million shares outstanding.

Other firms in the same industry have a P/E ratio of 25.6. What is the estimated price per share of Kronlund Corp's stock, using the comparables method?

Answer rating: 100% (QA)

To calculate the estimated pershare price of Kronlund Corp stock a c... View the full answer