Question
An analyst gathers the following data from a firm's latest annual financial statements: Sales: $5,250 Net Income (Profit after tax): $258 Assets: $15,000 Debt: $8,000
An analyst gathers the following data from a firm's latest annual financial statements: Sales: $5,250 Net Income (Profit after tax): $258 Assets: $15,000 Debt: $8,000 The analyst notes the following additional information: Price to Book Value ratio (P/BV): 3 Number of shares outstanding: 5,226 Based on this information, what is the firm's current market share price (per share)?
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Technical Analysis For The Trading Professional Strategies And Techniques For Todays Turbulent Global Financial Markets
Authors: Constance M. Brown
2nd Edition
007175914X,0071759158
