Question
Children's Books, Inc., has net income of $50,000 and a plowback ratio of 80%. There are 22,000 shares of stock outstanding at a market price
Children's Books, Inc., has net income of $50,000 and a plowback ratio of 80%. There are 22,000 shares of stock outstanding at a market price of $18.64 a share. What is the price-earnings ratio?
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Production And Operations Analysis
Authors: Steven Nahmias, Tava Lennon Olsen
7th Edition
1478623063, 9781478623069
