How many shares of stock are outstanding?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
icon
Related questions
Question

4

Bohensky's has net income of $73,402, a price - earnings ratio of 13.7, and earnings per share
of $.43. How many shares of stock are outstanding? Multiple Choice
170, 702 12,460 13, 520 171, 308 165, 745
Transcribed Image Text:Bohensky's has net income of $73,402, a price - earnings ratio of 13.7, and earnings per share of $.43. How many shares of stock are outstanding? Multiple Choice 170, 702 12,460 13, 520 171, 308 165, 745
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning