Question: Needing help with 7 & 8 Question 7 (8 points) Sales = $1,000,000 Cost of Goods Sold = $550,000 Operating Income = $250,000 Net Income

Needing help with 7 & 8

Question 7 (8 points) Sales = $1,000,000 Cost of Goods Sold = $550,000 Operating Income = $250,000 Net Income = $125,000 Number of shares = 62,500 Stock Price = $30 per share What is the earnings per share? Question 8 (8 points) Sales = $1,000,000 Cost of Goods Sold = $550,000 Operating Income = $250,000 Net Income = $125,000 Number of shares = 62,500 Stock Price = $30 per share What is the price earnings ration (PIE)? Q 4.17 (W 3.4

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