Question
Benkart Corporation has sales of $7,000,000, net income of $900,000, total assets of $2,000,000, and 100,000 shares of common stock outstanding. If Benkart's P/E
Benkart Corporation has sales of $7,000,000, net income of $900,000, total assets of $2,000,000, and 100,000 shares of common stock outstanding. If Benkart's P/E ratio is 15, what is the company's current stock price?
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