Question
Given the following information, calculate the market price per share of WAM Inc.: Net income $200,000.00 Earnings per share $2.00 Stockholders equity $2,000,000.00 Market/Book ratio
Given the following information, calculate the market price per share of WAM Inc.:
Net income $200,000.00
Earnings per share $2.00
Stockholders equity $2,000,000.00
Market/Book ratio 0.20
a. $20.00 b. $ 8.00 c. $ 4.00 d. $ 2.00 e. $ 1.00
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
