Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The net earnings of Loyola Limtted reaches $ 1 5 , 0 0 0 million in this year. The total sales of the company is
The net earnings of Loyola Limtted reaches $ million in this year. The total sales of the company is $ million. The total number of shares is million. Suppose the average PE ratio of a group of comparable firms is The average PS ratio of a group of comparable firms is What is the stock price based on PE ratio? rounded to the nd decimal place
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started