Register
Suppose the EPS (earnings per share) of Wal-Mart stock is $2 and the current price per earnings ratio is 10. What is the current price of Wal-Mart stock
56.2k views
16 votes
Suppose the EPS (earnings per share) of Wal-Mart stock is $2 and the current price per earnings ratio is 10. What is the current price of Wal-Mart stock

User Oezi
by
4.1k points

1 Answer

7 votes

Answer:

$20

Step-by-step explanation:

Price / earnings per share = 10

earnings per share = $2

price / $2 = 10

Price = $20

User JayC
by
4.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.6m questions

6.0m answers

Other Questions

Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Your assessment tool contains rich data about child progress in language and literacy but no details to explain the differences between children. You decide to: A. Replace the tool with another B. Analyze
When goods are produced at the lowest possible cost, an economy is said to have achieved:?
What is the Total Cost of a stock purchase if the stock price is $12, shares purchased 100, with a 2% Broker's Fee? (Stock Price x Shares Purchased = Stock Cost; Stock Cost x Broker's Fee = Broker's Fee;
Link Copied!