Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need clarification for the answer please, 72. A company earned a net profit of Rs. 650,000 ; Numbers of equity shares outstanding is 130,000
I need clarification for the answer please,
72. A company earned a net profit of Rs. 650,000 ; Numbers of equity shares outstanding is 130,000 and the market price of its equity share is Rs. 50 . What is the company's price earnings (PE) ratio? a. 40.63 b. 65.07 C. 10 d. Insufficient information Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started