GFM, Inc. earned $4 a share last year and it is expected to earn $5 a share next year. Assuming a P/E ratio of 10, the price of the company's stock should be
A)
$40 a share.
B)
$50 a share.
C)
$90 a share.
D)
$0.50 a share.
B
Business
You might also like to view...
Both the SEP (Simplified Employee Pension) and the SIMPLE (Savings Incentive Match Plan for Employees) retirement plans are intended for use by smaller firms
Indicate whether the statement is true or false.
Business
Discuss sources of resistance to change
What will be an ideal response?
Business