Essay
A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $8 million.What is its P/E ratio?
a.4
b.8
c.16
d.32
Correct Answer:
Verified
P/E=($8 million/250,...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
P/E=($8 million/250,...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q60: The dividend model that is most appropriate
Q61: Under the P/E model,stock price is a
Q62: Which of the following situations indicates a
Q63: XYZ Company has expected earnings of $3.00
Q64: What are the implications for the usefulness
Q65: Why have dividends historically been important in
Q66: A number of companies that formerly experienced
Q67: The Crazy Horse Corporation's stock is trading
Q68: There are many ways to measure Earnings
Q69: Under the multiple growth model,at least ------