Apex Technologies reports a profit of $8 per share. The stock is currently selling for $96 per share. What is the price/earnings ratio?
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A: Cash Proceeds = Face Value * % of face value Cash Proceeds = 750,000*96% Cash Proceeds = $720,000
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- ABD common stock is selling for $36.08 a share. The company has earnings per share of S.34 and a book value per share of S12.19. What is the market-to-bok ratio?A technology company earns a profit of $8 per share. If the stock is currently selling for $96 per share, what is the current price/earnings (P/E) ratio? a) 6 b) 10 c) 12 d) 18PQR Co. has earnings of $2.65 per share. The benchmark PE for company is 22. What stock price (to two decimals) would you consider appropriate?