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Question 8 10pts Refer Johnston Industries' financial statements darr . What is Johnston's Price Earnings ratio for 2020 Note that Johnston's financial statements are
Question 8\
10pts
\ Refer Johnston Industries' financial statements
darr
. What is Johnston's Price\ Earnings ratio for 2020\ Note that\ Johnston's financial statements are in thousands of dollars, so net income
=
$87,858,000
\ Has Johnston's P/E ratio improved or deteriorated since 2019?\ Is Johnston's
(P)/(E)
ratio better or worse than the industry average?
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