Essay
Suppose the GetUpOffofYourButt exercise chain has revenues of $45 million, costs of $15 million, and currently has issued 10 million shares selling at $90 each. Compute the price-to-earnings ratio. Show your work. Is this ratio relatively high or low? What might an increase in the price-to-earnings ratio indicate?
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The earnings per share is ($45 million -...View Answer
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