Problemplush pilots inc has balance sheet equity of 52, Ask an Expert

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Problem:

Plush Pilots, Inc. has balance sheet equity of $5.2 million. At the same time, the income statement shows net income of $743,600. The company paid dividends of $423,852 and has 130,000 shares of stock outstanding.

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Question: If the benchmark PE ratio is 21, what is the target stock price in one year?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91163306

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