Today the company announces net income equals $12 million. They have 30 million shares outstanding, and today's share price is $68.21. Find the company's price-to-earnings ratio. a. 0.27 b. 170.5 c. 156.2 d. 0.19 e. 46.5
Today the company announces net income equals $12 million. They have 30 million shares outstanding, and today's share price is $68.21. Find the company's price-to-earnings ratio. a. 0.27 b. 170.5 c. 156.2 d. 0.19 e. 46.5
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 3P: Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance...
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