A company reported $990,000 in net income for the current year. Total weighted-average number of ordinary shares outstanding is 150,000 shares, and the year-end market price is $79.20 per ordinary share. Calculate the company's price earnings ratio.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q162: A company was organized in January 2010
Q163: A company reported net income of $478,000
Q164: A company has 500,000 ordinary shares authorized,
Q165: A corporation has $1,750,000 in shareholders' equity
Q166: A company paid a cash dividend of
Q168: A company reports the following shareholders' equity:
Q169: On August 1, a corporation issued 15,000
Q170: A company reported earnings per share of
Q171: A company's shares are selling for $35
Q172: A corporation had the following shares outstanding
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents