Multiple Choice
Given the following information,calculate the market price per share of WAM Inc.
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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