A company has the following items for the fiscal year 2020: Revenue = 10 million Net income = 4 million The company has 2 million shares of stock Stock price per share = $70 Calculate the company’s earnings per share and P/E ratio

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
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  1. A company has the following items for the fiscal year 2020:
  • Revenue = 10 million
  • Net income = 4 million
  • The company has 2 million shares of stock
  • Stock price per share = $70

Calculate the company’s earnings per share and P/E ratio

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  1. A company has the following items for the fiscal year 2020:
  • Revenue = 10 million
  • Net income = 4 million
  • The company has 2 million shares of stock
  • Stock price per share = $70

Calculate the company’s earnings per share and P/E ratio

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