Market price per share of stock=$50.00. Net income=$4.5 billion. Number of shares=2.25 billion. What is the EPS (earnings per share) and price/earnings ratio?
Market price per share of stock=$50.00. Net income=$4.5 billion. Number of shares=2.25 billion. What is the EPS (earnings per share) and price/earnings ratio?
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 37CE: Stockholder Profitability Ratios The following information pertains to Montague Corporation...
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Market price per share of stock=$50.00. Net income=$4.5 billion. Number of shares=2.25 billion. What is the EPS (earnings per share) and price/earnings ratio?
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