Question
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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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
