Subject Financial Accounting: Windsor Corporation recently disclosed financial information, reporting earnings of $1,350,500, total assets of $7,800,000, and liabilities amounting to $1,325,400. The company has 412,750 shares outstanding, with a market price of $32.00 per share. If liabilities increase to $3,200, calculate the price- earnings (P/E) ratio.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 21E
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Subject Financial Accounting:
Windsor Corporation recently disclosed financial
information, reporting earnings of $1,350,500, total
assets of $7,800,000, and liabilities amounting to
$1,325,400. The company has 412,750 shares
outstanding, with a market price of $32.00 per share.
If liabilities increase to $3,200, calculate the price-
earnings (P/E) ratio.
Transcribed Image Text:Subject Financial Accounting: Windsor Corporation recently disclosed financial information, reporting earnings of $1,350,500, total assets of $7,800,000, and liabilities amounting to $1,325,400. The company has 412,750 shares outstanding, with a market price of $32.00 per share. If liabilities increase to $3,200, calculate the price- earnings (P/E) ratio.
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