One hundred million shares of stock have been outstanding, Financial Management

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One hundred million shares of stock have been outstanding

One hundred million Shares of stock have been outstanding for the entire period. The price of Florida Tech Company stock in 20X1, 20X2, and 20X3 was $39.27, $26.10, and $11.55 respectively. Calculate the firm's Earnings per Share (EPS), and its Price Earnings Ratio (P/E).What's happening to the P/E? To what things are investors likely to be reacting? How would a slowdown in personal computer sales affect your reasoning?

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Financial Management: One hundred million shares of stock have been outstanding

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