On the balance sheet of Bearcat Inc., you notice "Common Stock ($0.10 par)" of $248,655, "Capital Surplus" of $282,621, and "Retained Earnings" of $210,534. If Bearcat Inc. has Sales of $292,6836 and a profit margin of 30.52%, what is the price/eamings (P/E) ratio of the firm if their stock is currently selling for $21.94 per share?
On the balance sheet of Bearcat Inc., you notice "Common Stock ($0.10 par)" of $248,655, "Capital Surplus" of $282,621, and "Retained Earnings" of $210,534. If Bearcat Inc. has Sales of $292,6836 and a profit margin of 30.52%, what is the price/eamings (P/E) ratio of the firm if their stock is currently selling for $21.94 per share?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Transcribed Image Text:On the balance sheet of Bearcat Inc., you notice "Common Stock
($0.10 par)" of $248,655, "Capital Surplus" of $282,621, and
"Retained Earnings" of $210,534. If Bearcat Inc. has Sales of
$292,6836 and a profit margin of 30.52%, what is the
price/earnings (P/E) ratio of the firm if their stock is currently
selling for $21.94 per share?
O None of these options are correct
67.18
54.97
240.97
61.07
DISCL
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