Given the Following Information,calculate the Market Price Per Share of WAM

question 2

Multiple Choice

Given the following information,calculate the market price per share of WAM Inc.
Earnings after interest and taxes= $200,000
Earnings per share= $2.00
Stockholders' equity= $2,000,000
Market/Book ratio= 0.20

• A) $20.00
• B) $8.00
• C) $4.00
• D) $2.00
• E) $1.00

---

Definitions:

Last Day

The final day of a particular period or event, marking its conclusion.

Selective Attrition

The process by which participants drop out of a long-term experiment or study at a rate that is not random, potentially biasing the results.

Drop Out

The act of leaving a school, course, or activity before completion, often associated with educational contexts.

Study

The act of dedicating time and attention to acquiring knowledge on a specific subject through reading, research, or practice.