Question
Problem 12-7 (LO12.3) Michelle Townsend owns stock in National Computers. Based on information in its annual report, National Computers reported after-tax earnings of $6,572,000 and
Problem 12-7 (LO12.3)
| Michelle Townsend owns stock in National Computers. Based on information in its annual report, National Computers reported after-tax earnings of $6,572,000 and has issued 2,120,000 shares of common stock. The stock is currently selling for $43 a share. |
| a. | Calculate the earnings per share for National Computers. (Round your final answer to 2 decimal places.) |
| Earnings per share | $ | |
| b. | Calculate the price-earnings (PE) ratio for National Computers. (Use the rounded earnings per share from part a. Round your final answer to 2 decimal places.) |
| Price-earnings ratio |
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How To Trade Stocks For A Living The Ultimate 4 Book Compilation
Authors: Mark Lowe
1st Edition
B08BQRC9S5
