A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $8 million.What is its P/E ratio?
a.4
b.8
c.16
d.32

Name: A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $8 million.What is its P/E ratio? a.4 b.8 c.16 d.32
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

The Answer of A firm has net income of $1 million with 250,000 shares outstanding with a total market value of $8 million.What is its P/E ratio?
a.4
b.8
c.16
d.32

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