Question
A company A with founding share capital = 200,000 has issued 200,000 shares. According to its balance sheet, company A has: Equity = 400,000 Profits
A company A with founding share capital = 200,000 has issued 200,000 shares. According to its balance sheet, company A has: Equity = 400,000 Profits before Taxes = 200,000 Profits after Taxes = 120,000. Calculate the following: Nominal Share Price, Book Share Price, Earnings per share, and the ratio P/E.
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Cases In Financial Reporting
Authors: Ellen Engel, D. Eric Hirst, Mary Lea McAnally
7th Edition
1934319791, 9781934319796
