Problemplush pilots inc has balance sheet equity of 51, Ask an Expert

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Problem:

Plush Pilots, Inc., has balance sheet equity of $5.1 million. At the same time, the income statement shows net income of $724,200. The company paid dividends of $416,415 and has 150,000 shares of stock outstanding. If the benchmark PE ratio is 20,

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Question: What is the target stock price in one year?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91149724

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