Answered step by step
Verified Expert Solution
Link Copied!

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,
image text in transcribed
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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Climate Finance Theory And Practice

Authors: Anil Markandya, Ibon Galarraga, Dirk Rübbelke

1st Edition

9814641804, 978-9814641807

More Books

Students also viewed these Finance questions