Using the information below for WAM Inc., the market value per share is:?
Earnings after interest and taxes = $200,000
Earnings per share = $2.00
Stockholders' equity = $2,000,000
Market/Book ratio = 0.20
A. ?$20.00.
B. ?$8.00.
C. ?$4.00.
D. ?$2.00.
E. ?$1.00.
Answer: C
Business
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