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1. In December 2023, RAM Co. had a share price of AED 40. They had 20 million. shares outstanding, a market-to-book ratio of 2.5. In
1. In December 2023, RAM Co. had a share price of AED 40. They had 20 million. shares outstanding, a market-to-book ratio of 2.5. In addition, RAM had AED 250 million debt, AED 30 million in net income and AED 950 million in sales. Calculate P/E. ratio and ROE according to Du Pont system. 1. In December 2023, RAM Co. had a share price of AED 40. They had 20 million. shares outstanding, a market-to-book ratio of 2.5. In addition, RAM had AED 250 million debt, AED 30 million in net income and AED 950 million in sales. Calculate P/E. ratio and ROE according to Du Pont system
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Global Corporate Finance A Focused Approach
Authors: Suk Hi Kim, Kenneth A Kim
2nd Edition
9814618004, 9789814618007
