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Imagine that stock in Company XYZ is selling for $20 per share. There are a million shares of stock, and Company XYZ made $2 million
Imagine that stock in Company XYZ is selling for $20 per share. There are a million shares of stock, and Company XYZ made $2 million in profits last year. What is its P/E ratio?
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
