Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:Pfizer, Inc. (PFE) has earnings per share
of $2.09 and a P/E ratio of 11.02. What is
the stock price?
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- (Market value analysis) Lei Materials' balance sheet lists total assets of $1.35 billion, $196 million in current liabilities, $421 million in long-term debt, $733 million in common equity, and 52 million shares of common stock. If Lei's current stock price is $50.89, what is the firm's market-to-book ratio? The market-to-book ratio is (Round to two decimal places.)arrow_forwardABC's Net Income this year was $20,650,000 and there were 19.5 million shares outstanding. If the firm's Price/Earnings Ratio (P/E Ratio) is 18.7 then what is the firm's share price? Group of answer choicesarrow_forwardHungry Lunch has net income of $68,710, a price-earnings ratio of 13.7, and earnings per share of $.24. How many shares of stock are outstanding?arrow_forward
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