Answered: A company had: Market price Earnings…

A company had: Market price Earnings per share $39.20 per share $210 Dividends per share $125 Its price-earnings ratio equals: A. 21.9 B. 18.7 C. 24.7 D. 20.7 E. 16.6

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 4P: Reno Revolvere has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of...

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Question

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A company had:
Market price
Earnings per share
$39.20 per share
$210
Dividends per share $125
Its price-earnings ratio equals:
A. 21.9
B. 18.7
C. 24.7
D. 20.7
E. 16.6

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