EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Reagan Corp. has reported a net income of $847,700 for
the year. The company's share price is $13.19 and has
319,740 outstanding shares.
Compute the firm's price-earnings ratio.
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Transcribed Image Text:Reagan Corp. has reported a net income of $847,700 for the year. The company's share price is $13.19 and has 319,740 outstanding shares. Compute the firm's price-earnings ratio.
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