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ABC inc: and XYZ inc, reported Net incomes of $100,000 and $250,000 respectively for the most recent fiscal yeat. Both companies have 50,000 shares of

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ABC inc: and XYZ inc, reported Net incomes of $100,000 and $250,000 respectively for the most recent fiscal yeat. Both companies have 50,000 shares of Common Stock issued and outstanding. The common stock was issued at $10 per share for each company. The market price per share of ABC 's stock is $20 while XYZ's is $40 per share. What is ABC's P/E natio? none of these 510

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