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Use the Information in the Stock Table Below

Question 121

Essay

Use the information in the stock table below.
a. Calculate the P/E ratio by hand, and compare to the P/E ratio in the table. If your result is
different, discuss why you think that may be the case.
b. If a competitor has a P/E ratio of 90.33 and a market price of $85.30, calculate the earning per
share. Use the information in the stock table below. a. Calculate the P/E ratio by hand, and compare to the P/E ratio in the table. If your result is different, discuss why you think that may be the case. b. If a competitor has a P/E ratio of 90.33 and a market price of $85.30, calculate the earning per share.

Correct Answer:

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a. $91.60;...

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