Multiple Choice
Using the information below for WAM Inc., the market value per share is:
Earnings after interest and taxes = $200,000
Earnings per share = $2.00
Stockholders' equity = $2,000,000
Market/Book ratio = 0.20
A) $20.00.
B) $8.00.
C) $4.00.
D) $2.00.
E) $1.00.
Correct Answer:
Verified
Correct Answer:
Verified
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