Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN: 9781337690881
Author: Jay Rich, Jeff Jones
Publisher: Cengage Learning
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Summit Corp. has an earnings per share (EPS) of $15. The stock is currently selling for $180 per share. What is the price/earnings ratio?
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Transcribed Image Text:Summit Corp. has an earnings per share (EPS) of $15. The stock is currently selling for $180 per share. What is the price/earnings ratio?
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