SOLUTION: I really could use some help here...since I don't have net earning...having a hard time working through this.
How does the share price for company ABC compare to the profit per
Algebra.Com
Question 770183: I really could use some help here...since I don't have net earning...having a hard time working through this.
How does the share price for company ABC compare to the profit per share that it earned in the past year?
52-Week
High Low Stock Div Yld% P/E Vol 100s High Low Close Net Chg
33.16 16.74 ABC 0.63 2.5 21 4156 25.68 24.87 25.35 +0.22
27.83 12.07 XYZ 0.21 1.2 14 9175 18.17 17.26 17.51 +0.09
A) price = 2.5 × earnings B) earnings = 21 × price
C) price = 21 × earnings D) price = 25.35 × earnings
Answer by jakeapril(1) (Show Source): You can put this solution on YOUR website!
25.35
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