Using the information provided, what is the price-earnings ratio for Apex Corporation? Details Earnings Value $240,000 Number of Shares Outstanding 80,000 Price per Share Book Value per Share A. $25.00 B. $16.67 C. $20.00 D. $10.00 $50 $15

Using the information provided, what is the price-earnings ratio for Apex Corporation? Details Earnings Value $240,000 Number of Shares Outstanding 80,000 Price per Share Book Value per Share A. $25.00 B. $16.67 C. $20.00 D. $10.00 $50 $15

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 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Question

What is the price earnings ratio for Apex Corporation on these financial accounting question?

Using the information provided, what is the price-earnings
ratio for Apex Corporation?
Details
Earnings
Value
$240,000
Number of Shares Outstanding 80,000
Price per Share
Book Value per Share
A. $25.00
B. $16.67
C. $20.00
D. $10.00
$50
$15

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