Question
Botox facial care had earnings after taxes of $280,000 in 2009 with 200,000 shares of stock outstanding. The stock price was $30.80. In 2010, earnings
Botox facial care had earnings after taxes of $280,000 in 2009 with 200,000 shares of stock outstanding. The stock price was $30.80. In 2010, earnings after taxes increased to $320,000 with the same 200,000 shares outstanding. The stock price was $40.00 Compute earnings per share and the P/E ratio for 2010.
| A. $1.60 and 25x | |
| B. $1.60 and 22x | |
| C. $1.40 and 22x | |
| D. $1.40 and 25x |
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
