Question
Suppose the average industry PE ratio for auto part retailers is 20. What is the current price per share of Auto Zone stock if the
Suppose the average industry PE ratio for auto part retailers is 20. What is the current price per share of Auto Zone stock if the retailer's total earnings is $9,250,000? Note: Auto Zone has 5,000,000 shares of stock outstanding.
| $37.00 | ||
| $21.85 | ||
| $10.81 | ||
| $0.09 | ||
| The answer is not listed |
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Fundamentals Of Financial Management
Authors: James C Van Horne
3rd Edition
0133393410, 978-0133393415
