Question 1 : As an accountant of KIPCO, you have been asked to calculate...
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Question 1 :
As an accountant of KIPCO, you have been asked to calculate the Price Per Share. If your accounting statements result with the following information, what is the price per share?
| Depreciation (KD) | 28,300 | Interest Expense (KD) | 11,400 |
| EBIT (KD) | 62,700 | Profit Margin (%) | 7.2 |
| Price Earnings Ratio | 8.6 | Tax Rate (%) | 21 |
| Number of shares outstanding | 37,500 |
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