Subject: Financial Accounting - Using the P/E multiples approach to valuation, what is the estimated price of a stock if the firm's P/E ratio is 18.2 and its earnings are $452,000? Assume that there are 100,000 shares of stock outstanding. Answer

Subject: Financial Accounting - Using the P/E multiples approach to valuation, what is the estimated price of a stock if the firm's P/E ratio is 18.2 and its earnings are $452,000? Assume that there are 100,000 shares of stock outstanding. Answer

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 4AP

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