3. An extract from a big-box retailer’s 2020 financial statements follows: Income statement Year ended December 31, 2020 Year ended December 31, 2019 Net income 12,866 11,242 Preferred stock dividend 0 0 Balance sheet As of December 31, 2020 As of December 31, 2019 Common shares issued and outstanding 1,077 1,077 What was the big-box retailer’s price earnings ratio for 2020 given a per share price of $318?
3. An extract from a big-box retailer’s 2020 financial statements follows: Income statement Year ended December 31, 2020 Year ended December 31, 2019 Net income 12,866 11,242 Preferred stock dividend 0 0 Balance sheet As of December 31, 2020 As of December 31, 2019 Common shares issued and outstanding 1,077 1,077 What was the big-box retailer’s price earnings ratio for 2020 given a per share price of $318?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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3. An extract from a big-box retailer’s 2020 financial statements follows:
|
Income statement |
Year ended December 31, 2020 |
Year ended December 31, 2019 |
|
Net income |
12,866 |
11,242 |
|
|
0 |
0 |
|
|
|
|
|
|
As of December 31, 2020 |
As of December 31, 2019 |
|
Common shares issued and outstanding |
1,077 |
1,077 |
What was the big-box retailer’s price earnings ratio for 2020 given a per share price of $318?
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