A company has an EPS of $2.00, a cash flow per share of $4.00, and a price/cash flow ratio of 6.0. What is the Price-to-Earnings (P/E) ratio?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
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Kindly help me with this General accounting questions not use chart gpt please fast given solution

A company has an EPS of $2.00, a cash flow per share of
$4.00, and a price/cash flow ratio of 6.0. What is the
Price-to-Earnings (P/E) ratio?
Transcribed Image Text:A company has an EPS of $2.00, a cash flow per share of $4.00, and a price/cash flow ratio of 6.0. What is the Price-to-Earnings (P/E) ratio?
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