Question
1. In 2014, Pringle Company reported earnings per share of $10.50 when its stock was selling for $273. In 2015, its earnings increased by 14
1. In 2014, Pringle Company reported earnings per share of $10.50 when its stock was selling for $273. In 2015, its earnings increased by 14 percent. If all other relationships remain constant, what is the price of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) | |||||||||||||||||||||||||||||
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