Question
By the end of year 2019, the firm has 100 millions of common shares.Stock price per share is $50 in 2019 and $40 in 2018.
By the end of year 2019, the firm has 100 millions of common shares.Stock price per share is $50 in 2019 and $40 in 2018. Please calculate the P/E ratio and EPS in 2018 and 2019, respectively.Please explain the changes over years.
2018 Net income $53,862
2019 Net Income $74,948
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Fundamental Managerial Accounting Concepts
Authors: Edmonds, Tsay, olds
6th Edition
71220720, 78110890, 9780071220729, 978-0078110894
