Question
Calculate net income given the following information: shares outstanding = 1,250,000; stock price = $35/share; PE ratio = 12.50.$2,500,000 a. $2,500,000 b. $2,750,000 c. $3,000,000
Calculate net income given the following information: shares outstanding = 1,250,000; stock price = $35/share; PE ratio = 12.50.$2,500,000
a. $2,500,000
b. $2,750,000
c. $3,000,000
d. $3,250,000
e. $3,500,000
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
