Question
Company AXR had sales revenues of $48 million last year. Cash operating expenses were $24 million. The depreciation expense was $6 million. The tax rate
Company AXR had sales revenues of $48 million last year. Cash operating expenses were $24 million. The depreciation expense was $6 million. The tax rate is 40%. No dividends were paid. The stock for company AXR is currently selling for $18 per share and there are 3 million shares outstanding. What is the current PIE ratio for AXR?
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Fundamentals Of Accounting And Financial Analysis
Authors: Anil Chowdhury
1st Edition
9788131702024, 9788131776070
