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

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