Question
For calendar 2020 , Budapest Corp , reported net income of $ 29,280 and earnings per share of $ 2.46 . There were 12.000 common
For calendar 2020 , Budapest Corp , reported net income of $ 29,280 and earnings per share of $ 2.46 . There were 12.000 common shares outstanding during 2020. On Dec 31 , 2020 , the market price for Budapest's common shares was $ 32 . To the nearest whole number , what Budapest's price earnings ratio at Dec 31 2020 ?
- 32
- 375
- 915
- 13
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Rockford Practice Set To Accompany Intermediate Accounting
Authors: Donald E. Kieso
16th Edition
1119287936, 9781119287933
