A stock with a current P/E of 17 is selling at $74.50 per share. What are the company's earnings in the trailing 12 months?
A)about $4.28
B)$6.20
C)$1.70
D)impossible to calculate from this information

Name: A stock with a current P/E of 17 is selling at $74.50 per share. What are the company's earnings in the trailing 12 months? A)about $4.28 B)$6.20 C)$1.70 D)impossible to calculate from this information
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Question

Quizplus · Accepted Answer

about $4.28. Divide the market price by the P/E.

A Stock with a Current P/E of 17 Is Selling