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Question 7(1 point) Saved You are considering selling your family's auto parts company. If the average P/E ratio of a company in the auto-parts industry
Question 7(1 point)
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You are considering selling your family's auto parts company. If the average P/E ratio of a company in the auto-parts industry is 20 and last year your company had earnings of $25m, what is an estimate for the value of your company in millions of dollars?
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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
