Question
A company has net income of $5.6 million and earnings per share of $2.00. Average common stockholders' equity is $32 million. The company's current stock
A company has net income of $5.6 million and earnings per share of $2.00. Average common stockholders' equity is $32 million. The company's current stock price is $10 per share. What is its Price/Earnings (P/E) ratio?
A) 0.2
B) 0.175
C) 5.0
D) 5.7
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Certified Internal Auditor CIA Practice Of Internal Auditing Part 2- 2019
Authors: Muhammad Zain
1st Edition
1093798459, 978-1093798456
