Question
The enterprise value for Acuna Corporation is $100,000,000. The company has interest bearing debt worth $40,000,000, and cash valued at $10,000,000. The company has 5,000,000
The enterprise value for Acuna Corporation is $100,000,000. The company has interest bearing debt worth $40,000,000, and cash valued at $10,000,000. The company has 5,000,000 shares outstanding. If the company has a P/E ratio of 15, what is the earnings per share over the last 12 months?
| $1.25 | |
|
| $0.93 |
|
| $1.11 |
|
| $0.67 |
|
| $0.50 |
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
