Please explain in detail
- Don T Understand How To Get Part C Percentage Increases Please Explain In Detail 1 (70.65 KiB) Viewed 241 times
Don't understand how to get part C. Percentage increases. Please explain in detail
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Don't understand how to get part C. Percentage increases. Please explain in detail
Don't understand how to get part C. Percentage increases.
Please explain in detail
Botox Facial Care had earnings after taxes of $336,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $95.60. In 20X2, earnings after taxes increased to $408,000 with the same 200,000 shares outstanding. The stock price was $104.00. a. Compute earnings per share and the P/E ratio for 20X1. (The P/E ratio equals the stock price divided by earnings per share.) (Do not round intermediate calculations. Round your final answers to 2 decimal places.) $ 1.68 Earnings per share P/E ratio 56.90 times b. Compute earnings per share and the P/E ratio for 20X2. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) $ 2.04 Earnings per share P/E ratio 50.98 times c. Why did the P/E ratio change? (Do not round intemediate calculations. Input your answers as percents rounded to 2 decimal places.) The stock price increased by percent while EPS increased by percent
Please explain in detail
Botox Facial Care had earnings after taxes of $336,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $95.60. In 20X2, earnings after taxes increased to $408,000 with the same 200,000 shares outstanding. The stock price was $104.00. a. Compute earnings per share and the P/E ratio for 20X1. (The P/E ratio equals the stock price divided by earnings per share.) (Do not round intermediate calculations. Round your final answers to 2 decimal places.) $ 1.68 Earnings per share P/E ratio 56.90 times b. Compute earnings per share and the P/E ratio for 20X2. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) $ 2.04 Earnings per share P/E ratio 50.98 times c. Why did the P/E ratio change? (Do not round intemediate calculations. Input your answers as percents rounded to 2 decimal places.) The stock price increased by percent while EPS increased by percent