A Company Reported $990,000 in Net Income for the Current

question 39

Essay

A company reported $990,000 in net income for the current year. Total weighted-average number of ordinary shares outstanding is 150,000 shares, and the year-end market price is $79.20 per ordinary share. Calculate the company's price earnings ratio.

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Definitions:

Imitating Others

The action of copying the behaviors, actions, or traits of others, often as a method of learning or fitting into a group.

Reinforcing Others

The act of encouraging and supporting behaviors in others that contribute positively to desired outcomes or goals.

Punishing Others

The act of imposing a penalty or negative outcome on someone as a consequence of their actions.

Managing Others

The act of overseeing, guiding, and supporting employees or team members to achieve organizational goals.