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The financial information of Bayside Corporation was as follows at the end of the past financial year: Share price Outstanding ordinary shares Profit The financial
The financial information of Bayside Corporation was as follows at the end of the past financial year: Share price Outstanding ordinary shares Profit The financial information of Bayside Corporation was as follows at the end of the past financial year:
Share price | Outstanding ordinary shares | Profit for the year |
---|---|---|
R45,20 | 150 000 | R562 500 |
What was the price/earnings ratio?
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