Question
The PE ratio is useful because it measures: A.how much earnings are going to grow. B.how much an investor is willing to pay for $1
The PE ratio is useful because it measures:
A.how much earnings are going to grow.
B.how much an investor is willing to pay for $1 of earnings.
C.how much a stock is expected to earn.
GlckEnterprises anticipates earnings per of share of $2.95 next year, earnings are expected to grow at 3.65% over the next several yearsand the forward PE is 12.4.Glck'sprice is closest to:
A.$36.58.
B.$35.29.
C.$37.92.
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Healthcare Finance: An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
6th Edition
1567937411, 978-1567937411
