Question
ABC has a profit margin of 8 percent on sales of $666,250. They currently have 130,000 shares of stock outstanding with a current market price
ABC has a profit margin of 8 percent on sales of $666,250. They currently have 130,000 shares of stock outstanding with a current market price of $6.75 per share. What is the price to earnings ratio?
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
