Fly away inc has balance sheet equity of 53 million at the, Financial Management

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Fly away inc has balance sheet equity of 53 million at the

Fly Away, Inc., has balance sheet equity of $5.3 million. At the same time, the income statement shows net income of $763,200. The company paid dividends of $431,208 and has 120,000 shares of stock outstanding. If the benchmark PE ratio is 17, what is the target stock price in one year?

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Financial Management: Fly away inc has balance sheet equity of 53 million at the

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