Question
A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of sock outstanding at a price per share
A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of sock outstanding at a price per share of $14.80. What is the firm's price- earnings ratio?
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Financial Accounting
Authors: Anne Britton, Chris Waterston
5th edition
273719300, 273719304, 978-0273719304
