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Author Question: Canada Corp.s market price is currently $43 per share. If the firm reported net earnings of ... (Read 80 times)

fungirl

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on: Aug 7, 2023

Question 1

Canada Corp. recently reported total assets of $230,000 and total common equity of $82,000 on its balance sheet. If the firm’s P/E ratio is 17, what is the firm’s equity multiplier?

◦

2.80


◦

2.95


◦

3.20


◦

3.69



Question 2

Canada Corp.’s market price is currently $43 per share. If the firm reported net earnings of $8,000,000 on total outstanding common shares of 2.5 million, what is the firm’s P/E ratio?

◦

12.87


◦

13.44


◦

14.20


◦

15.00

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by fungirl on Aug 7, 2023

Mynameisrandom

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fungirl

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

kthug

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Reply 3 on: Yesterday
Excellent

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