Rose Water Corp.'s net income last year was $148.70 million. The company has 54.45 million shares outstanding. The company's stock price at the end of last year was $123.08. What is the firm's P/E ratio?

Rose Water Corp.'s net income last year was $148.70 million. The company has 54.45 million shares outstanding. The company's stock price at the end of last year was $123.08. What is the firm's P/E ratio?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 53E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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I need this question financial accounting

Rose Water Corp.'s net income last year was
$148.70 million. The company has 54.45 million
shares outstanding. The company's stock price at
the end of last year was $123.08. What is the
firm's P/E ratio?

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