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2. ABC Company's net income for 2021 was $100,000. At December 31, 2021 ABC Company had 50,000 shares of stock that were
Posted: Sat Feb 26, 2022 9:11 am
by answerhappygod
- 2 Abc Company S Net Income For 2021 Was 100 000 At December 31 2021 Abc Company Had 50 000 Shares Of Stock That Were 1 (27.45 KiB) Viewed 47 times
2. ABC
Company's net income for 2021 was $100,000. At December 31, 2021 ABC
Company had 50,000 shares of stock that were traded in the market. Also, at December 31, ABC's stock price was $20 per share. At December 31, 2021 the price to earnings ratio for the S&P 500 was 24 times earnings A. What was ABC
Company's earnings per share for 2021 B. What was ABC
Company's price to earnings ratio at December 31, 2021 C. Comparing ABC
Company's stock to the S&P 500 is ABC's stock more expensive or cheaper than the market?