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Bronco Limited has net income of $212,000, total assets of $1,500,000, total liabilities of $893,000, and a price-book ratio of 5.3. There are 100,000 shares
Bronco Limited has net income of $212,000, total assets of $1,500,000, total liabilities of $893,000, and a price-book ratio of 5.3. There are 100,000 shares of stock outstanding. What is the firm's priceearnings ratio? Multiple Choice 14.93 15.18 15.65 16.56 16.78 Step by Step Solution
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Real Life Money An Honest Guide To Taking Control Of Your Finances
Authors: Clare Seal
1st Edition
1472272293, 978-1472272294
