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XYZ Corp.'s Income Statement in 2019 contained the following information: Sales $34,000,000 COGS $12,600,000 SG&A $4,800,000 Depreciation $4,600,000 Interest Payment $3,500,000 Tax Payment $2,250,000 #
XYZ Corp.'s Income Statement in 2019 contained the following information:
| Sales | $34,000,000 |
| COGS | $12,600,000 |
| SG&A | $4,800,000 |
| Depreciation | $4,600,000 |
| Interest Payment | $3,500,000 |
| Tax Payment | $2,250,000 |
| # of Shares | 1,700,000 |
The current price of XYZ Corp.'s shares is $25.67. What is XYZ Corp.'s Price-to-Earnings (P-E) Ratio?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
10th Edition
0073530697, 9780073530697
