A company has a market value per share of $65.00. Its net income is $2,340,000 and the weighted-average number of shares outstanding is 390,000. What is the company's price- earnings ratio?
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- A fertilizer manufacturing company has an industry average P/E ratio of 20. The company's earnings per share (EPS) are projected to be $6.50. What should be the company's share price based on the industry P/E ratio?Adams Inc. has the following data: rRF = 4.00%; RPM = 7.00%; and b = 1.20. What is the firm's cost of common from retained earnings based on the CAPM? Group of answer choices 11.53% 12.40% 12.03% 11.78% 12.65%Compute the price earnings ratio given the following.