Mathematics, 02.07.2019 12:30, tiffcarina69
Drake owns 100 stocks of balancia, inc. he had bought these stocks at a face value of $10. the market price of these stocks is now $50 each. balancia has declared a dividend of 20% this year. balancia’s retained earnings for the year is $2,000,000 and it has 1,000,000 outstanding stocks. what is the p/e ratio? a. 25 b. 20 c. 10 d. 15
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Drake owns 100 stocks of balancia, inc. he had bought these stocks at a face value of $10. the marke...
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