I need answer of this question solution general accounting A company has net income of $45,000, total assets of $525,000, totalliabilities of $285,000, and a price-book ratio of 2.5. The companyhas 50,000 shares outstanding. Calculate the firm's price-earningsratio.

To calculate the firm's price-earnings ratio (P/E ratio), we need the market price per share and the…

Answered: A company has net income of $45,000,…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 2P

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What is the firm's price earnings ratio?
D.P. May has a net income of $44,000, total assets of $442,000, total liabilities of $211,000, and a price-book ratio of 3.8. There are 62,000 shares of stock outstanding. What is the firm's price-earnings ratio? provide answer
D.P. May has a net income of $44,000, total assets of $442,000, total liabilities of $211,000, and a price-book ratio of 3.8. There are 62,000 shares of stock outstanding. What is the firm's price-earnings ratio? Answer?
The company's price earnings ratio is equal to?
D.P. May has a net income of $44,000, total assets of $442,000, total liabilities of $211,000, and a price-book ratio of 3.8. There are 62,000 shares of stock outstanding. What is the firm's price-earnings ratio?
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DP may has a net income of
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What is the price earning ratio? General accounting
What is firm's price earnings ratio?

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A company has net income of $45,000, total assets of $525,000, total liabilities of $285,000, and a price-book ratio of 2.5. The company has 50,000 shares outstanding. Calculate the firm's price-earnings ratio.