Item Henry company Mayer Services Earnings available for common stock $225,000 $50,00 Number of shares of common stock outstanding $90,000 $15,000 Market price per share $45 $50 B. Calculate the earnings per share (EPS) and price/earnings (P/E) ratio for each company?
Item Henry company Mayer Services Earnings available for common stock $225,000 $50,00 Number of shares of common stock outstanding $90,000 $15,000 Market price per share $45 $50 B. Calculate the earnings per share (EPS) and price/earnings (P/E) ratio for each company?
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 11BE
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Item Henry company Mayer Services
Earnings available for common stock $225,000 $50,00
Number of shares of common stock outstanding $90,000 $15,000
Market price per share $45 $50
B. Calculate the earnings per share (EPS) and price/earnings (P/E) ratio for each company?
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