Question
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?
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Corporate Financial Management
Authors: Glen Arnold
5th edition
978-1292178066, 129217806X, 273758837, 978-0273758839
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