Question
Business valuation Price to earnings ratio: Using the information given in the table below, determine the price-earnings ratio for DEF Company? (10 marks) Earnings $190,000
Business valuation Price to earnings ratio: Using the information given in the table below, determine the price-earnings ratio for DEF Company? (10 marks)
| Earnings | $190,000 |
| Number of shares outstanding | 70,000 |
| Price per share | $25 |
| Book value per share | $15 |
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Options Futures And Other Derivatives
Authors: John C. Hull
3rd Edition
0131864793, 9780306457555
