In 2012, Rec Room Sports reported earnings per share of $8.50 when its stock price was $212.50.
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In 2012, Rec Room sports reported earnings per share of $8.50 when its stock price was $212.50. In 2013, its earnings increased by 20%. If the P/E ratio remains constant, what is likely to be the price of the stock? Explain.
- 10 years ago
Rec Room Sports__ correct w/ Solutions! Use it as a GUIDE !
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- rec_room_--_m11-15_pe_ratio.xlsx