Question
The Hurst Company has a net profit of $20 million, sales of $200 million, and 4 million shares issued. The company has total assets of
The Hurst Company has a net profit of $20 million, sales of $200 million, and 4 million shares issued. The company has total assets of $100 million and total shareholders equity of $50 million. It pays $1 per share in dividends, and the share trades at $30. Given this information, what is Hursts P/E ratio?
Group of answer choices
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Behavioral Finance And Investor Types
Authors: Michael M. Pompian
1st Edition
1118011503, 978-1118011508
