What is the p/e ratio at the end of the recent year, Accounting Basics

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What is the p/e ratio at the end of the recent year

A company originally issues 180,000 shares of stock at a price of $22; one year later the stock price is $40 per share, the number of outstanding shares is unchanged, and the company's net income for the year is $230,400. what is the P/E ratio at the end of the recent year ?

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Accounting Basics: What is the p/e ratio at the end of the recent year

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Accounting Basics: What is the p/e ratio at the end of the recent year

Reference No:- TGS045026

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Recent Questions Asked Accounting Basics

Q : Explain monopolistic competition-oligopoly and monopoly

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the p/e ratio at the end of the recent year

Reference No:- TGS045026

Recent Questions Asked Accounting Basics

Q : Explain monopolistic competition-oligopoly and monopoly

Q : Return on assets-stockholders equity

Q : Eps-pe ratio and dividend yield

Q : Explain how new inflationary environment would affect demand

Q : What is the p/e ratio at the end of the recent year

Q : Computing project payback period net present value

Q : How three trade-offs are determined using a good or service

Q : Elements of the budgeting cycle

Q : What guidance does the fasb asc provide for equity

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