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Atlantic Northem inc just reported a net income of {8,000,000, and us current stock price is $31 is per share. Atiantic Northern is forecasting an
Atlantic Northem inc just reported a net income of {8,000,000, and us current stock price is $31 is per share. Atiantic Northern is forecasting an increase of 25% for its net income next year, hat it also expects it will have to issue 2,000,000 new shares of stock. (raising its shares outstanding from 5,500,000 thares to 7,500,000 shares). If Miantic Northern' forecast turns out to be correct and us grice to earnings (P/E) ratio does not change, what does management expect iss stock price to be one year from now? $28.66 per share $31.25 per share $21.30 per share $35.63 per share One year lates, Adiantic Northem Incis stock is trading at $38.75, and the company reports is comnicn equity value as $42,900,000. What is Atlantic Worthern Inci's market-to-book (M/B) rato? Can a comparry's stock have a negative pie ratio
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