Question
Assume General Electric (GE) has about 10.3 billion shares outstanding and earnings per share is $2.03. Also, assume the P/E ratio is about 18.3. Calculate
Assume General Electric (GE) has about 10.3 billion shares outstanding and earnings per share is $2.03. Also, assume the P/E ratio is about 18.3. Calculate the approximate market capitalization for GE.
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
