Big Guy Subs Has Net Income of $150,980,a Price-Earnings Ratio

question 20

Multiple Choice

Big Guy Subs has net income of $150,980,a price-earnings ratio of 12.8,and earnings per share of $0.87.How many shares of stock are outstanding?

• A)13,558
• B)14,407
• C)165,523
• D)171,000
• E)173,540

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