Company axr had sales revenues of 94 million last year what


Company AXR had sales revenues of $94 million last year. Cash operating expenses were $42 million. The depreciation expense was $6 million. The tax rate is 40%. No dividends mere paid The stock foe company AXR is currently selling for $20 per share and there are 3 million shares outstanding. What is the current P/E ratio foe AXR?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Company axr had sales revenues of 94 million last year what
Reference No:- TGS02386134

Expected delivery within 24 Hours