RTR Corp. has reported a net income of $622,000 for the year. The company's share price is $15.31, and the company has 533,000 shares outstanding.
RTR Corp. has reported a net income of $622,000 for the year. The company's share price is $15.31, and the company has 533,000 shares outstanding. Compute the firm's P/E (price-earnings) ratio. Round it to two decimal place, e.g., 12.52.
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Authors: Income Mastery
1st Edition
1647772648, 978-1647772642
