$140 is the market value per share of this company's stock.
EPS = Net Income / Outstanding Shares
= 28,00,000 / 4,00,000
= 7
Market Value = EPS x Price- Earning Ratio
= 7 x 20 = $140
<h3>
What is net income?</h3>
In the world of business and accounting, net income is referred to as an entity's income less the cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a specific accounting period.
<h3>
What is the market value per share?</h3>
The overall market value of the company is divided by the total number of outstanding shares to arrive at a market value per share. This displays the price that the market has placed on each share of a company's stock at the time of writing.
<h3>
What is the company's stock?</h3>
A claim of ownership of a company's assets and profits is represented by company stock. Because of this, stock in a corporation is also referred to as "shares" or "equity." Three important characteristics of company stock are ownership rights, voting rights, and limited liability.
Learn more about outstanding shares: brainly.com/question/14504712
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