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Year Sales ($ in millions) 1 22.5 2 35.0 3 50.0 Common shares outstanding: 2.5 million Being traded at: $70 per share Pays no dividends.
| Year | Sales ($ in millions) |
| 1 | 22.5 |
| 2 | 35.0 |
| 3 | 50.0 |
| Common shares outstanding: | 2.5 | million |
| Being traded at: | $70 | per share |
| Pays no dividends. | ||
| Net profit rate: | 20% | |
| Stock has been trading at a P/E of around 40 times of earnings. |
Compute the net profit and the EPS for each of the next 3 years.
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Multinational Management
Authors: John B. Cullen
6th edition
1285094946, 1285094948, 9781285696744 , 978-1285094946
