Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

A company generated revenues of $314 million during the last twelve months, with an operating margin of 38.6% and net margin of 24.2%. Its current

A company generated revenues of $314 million during the last twelve months, with an operating margin of 38.6% and net margin of 24.2%. Its current market capitalization (equity value) is $868 million and it has 14 million shares outstanding. What's its trailing PE ratio? Round to one decimal place.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Gapenskis Understanding Healthcare Financial Management

Authors: George H. Pink, Paula H. Song

8th Edition

1640551093, 978-1640551091

More Books

Students explore these related Finance questions