Question
Canada Corp's market price is currently $43 per share. If the firm reported net earnings of $6.6 million on total outstanding common shares of 2.6
Canada Corp's market price is currently $43 per share. If the firm reported net earnings of $6.6 million on total outstanding common shares of 2.6 million, what is the firm's P/E ratio?
(ROUND ALL ANSWERS TO MINIMAL 2 DECIMALS)
Answer:
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
10th Edition
0030329922, 9780030329920
