Windswept, Inc. has 137 million shares of stock outstanding. Its net income is $397 million....

50.1K

Verified Solution

Question

Accounting

Windswept, Inc. has 137 million shares of stock outstanding. Its net income is $397 million. price-earnings ratio is 0.79. What is the market price per share of stock?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students