If a company’s stock is currently selling for $12 per share and its price earningsratio is 6, what are its earnings per share? What does this figure mean?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
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If a company’s stock is currently selling for $12 per share and its price earnings
ratio is 6, what are its earnings per share? What does this figure mean?

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