Question
Katrina's Fury has $697,400 in sales. The profit margin is 3.4 percent and the firm has 12,500 shares of stock outstanding. The market price per
Katrina's Fury has $697,400 in sales. The profit margin is 3.4 percent and the firm has 12,500 shares of stock outstanding. The market price per share is $33. What is the price-earnings ratio?
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Fundamentals Of Cost Accounting
Authors: William Lanen, Shannon Anderson
2nd Edition
0071332618, 978-0071332613
