Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ark Plc has net earnings of 2,500,000 and 2,000,000 issued shares. The company has a total market value of 12,500,000. Bark Plc has net earnings
Ark Plc has net earnings of 2,500,000 and 2,000,000 issued shares. The company has a total market value of 12,500,000.
Bark Plc has net earnings of 750,000 and 3,000,000 issued shares. The company has a total market value of 2,250,000.
What is the Price Earnings (PE) ratio of Ark and Bark respectively?
| Ark - PE ratio of 7.81 Bark - PE ratio of 0.1875 | ||
| Ark - PE ratio of 5 Bark - PE ratio of 3 | ||
| Ark - PE ratio of 0.2 Bark - PE ratio of 0.33 | ||
| Ark - PE ratio of 6.25 Bark - PE ratio of 0.75 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
