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    Fundamentals of Financial Accounting
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    Exam 11: Reporting and Interpreting Stockholders Equity
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    If a Company's P/E Ratio Is 24 and the Company's
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If a Company's P/E Ratio Is 24 and the Company's

Question 194

Question 194

Multiple Choice

If a company's P/E ratio is 24 and the company's EPS is $1.50,then the company's stock price is:


A) $36.00.
B) $25.50.
C) $16.00.
D) $6.25.

Correct Answer:

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