A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $16 million. What is its P/E ratio?
A) 64
B) 4
C) 32
D) 16

Name: A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $16 million. What is its P/E ratio? A) 64 B) 4 C) 32 D) 16
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The Answer of A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $16 million. What is its P/E ratio?
A) 64
B) 4
C) 32
D) 16

A Firm Has Net Income of $1 Million with 250,000