Answer:
$282.59 per share
Step-by-step explanation:
Given that,
Stockholders' equity = $323 million
price/earnings ratio = 14
shares outstanding = 8,800,000
Market/book ratio =7.7
Book Value per share:
= Stockholders' equity ÷ shares outstanding
= $323,000,000 ÷ 8,800,000
= $36.70
Market price per share:
= Book Value per share × Market/book ratio
= $36.70 × 7.7
= $282.59 per share
Answer:
bro i got a B+ in math tooo!!!!!!!!
Step-by-step explanation:
yeah tell them!
Answer:
step 3
Step-by-step explanation:
in step 3, he wrote that the sum of 171+ 52.45-18.50 was 241.95 when it is 199.95
