Question
Reagan Corp. has reported a net income of $821,300 for the year. The company's shareprice is $13.66, and the company has302,950 shares outstanding. Compute thefirm's
Reagan Corp. has reported a net income of $821,300 for the year. The company's shareprice is $13.66, and the company has302,950 shares outstanding. Compute thefirm's price-earnings ratio upto two decimal places.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
