The current market price per share is 72 and the book value


Question - The Rexrode Company reported earnings per share of common stock $12 in 2009 and paid dividends of $3 per share. The current market price per share is $72 and the book value per share is $54. Calculate the company's price-earnings ratio.

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Accounting Basics: The current market price per share is 72 and the book value
Reference No:- TGS02812235

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