SWFT Individual Income Taxes
SWFT Individual Income Taxes
43rd Edition
ISBN: 9780357391365
Author: YOUNG
Publisher: Cengage
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FeatherSky Ltd. has a balance sheet equity of $7.1 million. At the same time, the income statement shows a net income of $1,120,000. The company has 175,000 shares of stock outstanding. If the benchmark PE ratio is 25, what is the target stock price in one year? Help
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