Suppose the GetUpOffofYourButt Exercise Chain Has Revenues of $45 Million,costs

question 27

Essay

Suppose the GetUpOffofYourButt exercise chain has revenues of $45 million,costs of $15 million,and currently has issued 10 million shares selling at $90 each.Compute the price/earnings ratio.Show your work.Is this ratio relatively high or low? What might an increase in the price/earnings ratio indicate?

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Definitions:

Increased

Describes a rise or growth in value, quantity, or some other measure.

Transaction

This refers to any event or action that changes the financial position or the financial statements of a company.

Posted

The process of recording financial transactions in the ledger accounts as part of the accounting cycle.

Reference Column

A column in financial documentation used to indicate a source document or correlation with another piece of data, aiding in tracking and auditing.