Company A has 4 million shares outstanding and its net income stood at $35 million. The current share price of Company A is $102. What is its P/E ratio? 11.34 times 12.66 times O 11.66 times O 12.34 times

Company A has 4 million shares outstanding and its net income stood at $35 million. The current share price of Company A is $102. What is its P/E ratio? 11.34 times 12.66 times O 11.66 times O 12.34 times

Name: (14) Company A has 4 million shares outstanding and its net income sto
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Description: (14) Company A has 4 million shares outstanding and its net income stood at $35 million. The current share price of Company A is $102. What is its P/E ratio?11.34 times12.66 times11.66 timesO 12.34 times

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 3P: Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance...

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