Question
Ivanhoe Jewelers management announced that the company had net earnings of $4,825,000 for this year. The company has 3,836,000 shares outstanding, and the year-end stock
Ivanhoe Jewelers management announced that the company had net earnings of $4,825,000 for this year. The company has 3,836,000 shares outstanding, and the year-end stock price is $48.04. What are Ivanhoe's earnings per share and P/E ratio? (Round answers to 2 decimal places, e.g. 12.25)
Earnings per share: $_______
P/E ratio: ____times
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
