jasmine3051
01.03.2021 •
Business
Smolira Golf has 11,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $82.
Required:
What is the price-earnings ratio?
Solved
Show answers
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Ответ:
25.23 times
Explanation:
PE ratio = Price per share /Earnings per share
Price per share = $82
Earnings per share (EPS)= net income/ shares of common stock
Net Income = 35,753
EPS = 35753/11000 = 3.25
PE Ratio = 82/3.25 = 25.23 Times
Ответ:
tysm!! this story funny lol
Explanation: