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M11-15 Inferring Financial Information Using the PIE Ratio In 2012, Rec Room Sports reported earnings per share of $8.50 when its stock price was $212.50.

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M11-15 Inferring Financial Information Using the PIE Ratio In 2012, Rec Room Sports reported earnings per share of $8.50 when its stock price was $212.50. In 2013, its earnings increased by 20 percent. 1f the P/E ratio remains constant, what is likely to be the price of the stock? Explain.M11-15 Inferring Financial Information Using the P/E Ratio - 2012 2013 P/E Ratio =

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