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A share of stock is currently priced at $150.40, and the company reported $12.00 in earnings per share over the past year. What is the P/E ratio?

A share of stock is currently priced at $150.40, and the company reported $12.00 in earnings per share over the past year. What is the P/E ratio?

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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A share of stock is currently priced at $150.40, and the company reported $12.00 in earnings per share over the past year. What is the P/E ratio?
Transcribed Image Text:A share of stock is currently priced at $150.40, and the company reported $12.00 in earnings per share over the past year. What is the P/E ratio?
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