share (EPS) are $ 4.25 and similar shares of stock sell at multiples (P/E) of 35.69 times earnings per share (EPS) a. $ 35.69 b. $ 151.68 c. $ 141.68 d. $ 4.25

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Using the P/E ratio approach to stock valuation, caclulate the value of a share of stock of Wallmart where expected earnings per share (EPS) are $ 4.25 and similar shares of stock sell at multiples (P/E) of 35.69 times earnings per share (EPS)

a. $ 35.69

b. $ 151.68

c. $ 141.68

d. $ 4.25

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