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Use the following information for questions 5 - 11 ABC Company Common shares 100,000 Common Share Equity $366,000 Common share price $10.00 COGS $425,000 Current
Use the following information for questions 5 - 11
ABC Company
Common shares 100,000
Common Share Equity $366,000
Common share price $10.00
COGS $425,000
Current Assets $239,000
Dividends on Common $28,000
Current Liabilities $68,500
Dividends on Preferred $5,000
Short-term Debt $4,000
Inventory $110,000
Long-term Debt $100,000
Invested Capital $544,000
Net Earnings $139,500
Preferred Share Equity $74,000
Net Sales $718,000
Question 11
What is ABC's Price Earnings (P/E) ratio?
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