A company has the following items for the fiscal year 2020: Revenue = 10 million Net income = 4 million The company has 2 million shares of stock Stock price per share = $70 Calculate the company’s earnings per share and P/E ratio
A company has the following items for the fiscal year 2020: Revenue = 10 million Net income = 4 million The company has 2 million shares of stock Stock price per share = $70 Calculate the company’s earnings per share and P/E ratio
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 6CE
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- A company has the following items for the fiscal year 2020:
- Revenue = 10 million
- Net income = 4 million
- The company has 2 million shares of stock
- Stock price per share = $70
Calculate the company’s earnings per share and P/E ratio
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- A company has the following items for the fiscal year 2020:
- Revenue = 10 million
- Net income = 4 million
- The company has 2 million shares of stock
- Stock price per share = $70
Calculate the company’s earnings per share and P/E ratio
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