Question
Rose Water Corp.'s net income last year was $314.80 million. The company has 91.25 million shares outstanding. The companys stock price at the end of
Rose Water Corp.'s net income last year was $314.80 million. The company has 91.25 million shares outstanding. The companys stock price at the end of last year was $102.16. What is the firm's P/E ratio?
Round the answer to two decimal places.
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
