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Requirement 3 . What do these results mean when evaluating Achieve Corporation's profitability? ( Assume the following industry averages: EPS = $ 0 . 2
Requirement What do these results mean when evaluating Achieve Corporation's profitability? Assume the following industry averages: EPS $ priceearnings ratio
Achieve Corporation's priceearnings ratio for means that the company's stock is selling at
times one year's earnings per share.
This is
This indicates that
investors are paying a
price for the stock compared to its earnings,
the industry average.
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