Question
Windswept, Inc. has 1.4 million shares of stock outstanding. Its net income is $9.9 million. Its current price-earnings ratio is 2. What is the market
Windswept, Inc. has 1.4 million shares of stock outstanding. Its net income is $9.9 million. Its current price-earnings ratio is 2. What is the market price per share of stock?
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Answer The market price per share of stock is 1414 Solution I Calculation of the ma...
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
