A company has $6 billion of net income, $2 billion of depreciation and amortization, $80 billion of

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A company has $6 billion of net income, $2 billion of depreciation and amortization, $80 billion of common equity, and 1 billion shares of stock. If its stock price is $96 per share, what is its price/

earnings ratio? (16) Its price/cash flow ratio? (12) Its market/book ratio?

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Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Question Posted: Mar 10, 2024 12:00 AM

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A company has $6 billion of net income, $2 billion of depreciation and amortization, $80 billion of

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To calculate the PriceEarnings PE ratio use the formula PE Ratio Price per Share Earnings per Share ...View the full answer

Intermediate Financial Management

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