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Rose Water Corp.'s net income last year was $308.84 million. The company has 91.71 million shares outstanding. The company s stock price at the end of last year was $141.45. What is the firm's P/E ratio? Round the answer to two decimal places.

Rose Water Corp.'s net income last year was $308.84 million. The company has 91.71 million shares outstanding. The company s stock price at the end of last year was $141.45. What is the firm's P/E ratio? Round the answer to two decimal places.

Managerial Accounting: The Cornerstone of Business Decision-Making
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 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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What is the firm's PE ratio on these financial accounting question?

Rose Water Corp.'s net income last year was $308.84 million. The company has 91.71 million shares outstanding. The company s stock price at the end of last year was $141.45. What is the firm's P/E ratio? Round the answer to two decimal places.
Transcribed Image Text:Rose Water Corp.'s net income last year was $308.84 million. The company has 91.71 million shares outstanding. The company s stock price at the end of last year was $141.45. What is the firm's P/E ratio? Round the answer to two decimal places.
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