If a companys stock is currently selling for $12 per share and its price earnings ratio is

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If a company€™s stock is currently selling for $12 per share and its price earnings ratio is 6, what are its earnings per share? What does this figure mean?

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Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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Question Posted: Jul 31, 2015 08:58 AM

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If a companys stock is currently selling for $12 per share and its price earnings ratio is

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$12 -32.00 Fr Ian

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This means that the market is willing to pay 1...View the full answer

Entrepreneurial Finance

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