Business, 03.12.2021 04:10 dinapearce1403

During the year, Lox, Stock and Bagel Inc.'s net income was $60,000. Its average stockholders' equity was $240,000, and it had 120,000 shares outstanding the entire year. Its stock was selling for $10 per share. Its P/E ratio equals . The company has no preferred stock.

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During the year, Lox, Stock and Bagel Inc.'s net income was $60,000. Its average stockholders' equit...