Fly away inc has balance sheet equity of 66 million at the, Ask an Expert

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Fly Away, Inc., has balance sheet equity of $6.6 million. At the same time, the income statement shows net income of $798,600. The company paid dividends of $403,293 and has 100,000 shares of stock outstanding. If the benchmark PE ratio is 30, what is the target stock price in one year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91538467

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