Question 1 : As an accountant of KIPCO, you have been asked to calculate...
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Finance
Question 1 :
As an accountant of KIPCO, you have been asked to calculate the Price Per Share. If your accounting statements result with the following information, what is the price per share?
Depreciation (KD)
28,300
Interest Expense (KD)
11,400
EBIT (KD)
62,700
Profit Margin (%)
7.2
Price Earnings Ratio
8.6
Tax Rate (%)
21
Number of shares outstanding
37,500
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