Given the Following Information, Calculate the Market Price Per Share

question 48

Multiple Choice

Given the following information, calculate the market price per share of WAM Inc. Earnings after interest and taxes = R200,000
Earnings per share = R2.00
Shareholders' equity = R2,000,000
Market/Book ratio = 0.20

• A) R20.00
• B) R8.00
• C) R4.00
• D) R2.00
• E) R1.00

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A formatting style used in accounting to display numbers, typically incorporating commas for thousands and decimal points for cents.

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In financial statements, an indicator used to designate currency amounts, typically positioned close to the number without any spaces.

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