Question
Due to growing demand for computer hardware, the Lawrence company has had a very successful year and expects its earnings per share to continue growing
Due to growing demand for computer hardware, the Lawrence company has had a very successful year and expects its earnings per share to continue growing by 20 percent to reach $8.50 for this year. Estimate the price of the company's common stock assuming the industry's price/earning ratio is 12.
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
