The companys share price is 1319 and has 319740 outstanding


Question - Reagan Corp has reported a net income of $847,700 for the year. The company's share price is $13.19 and has 319,740 outstanding shares. Compute the firm's price-earnings ratio.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: The companys share price is 1319 and has 319740 outstanding
Reference No:- TGS02497699

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)