company generated revenues of $247 million during the last twelve months, with an operating margin of 36.4% and net margin of 28.6%. Its current market capitalization (equity value) is $505 million and it has 12 million shares outstanding. What's its trailing PE ratio? Round to one decimal place.

Managerial Accounting: The Cornerstone of Business Decision-Making
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
Section: Chapter Questions
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A company generated revenues of $247 million during the last twelve months, with an operating margin of 36.4% and net margin of 28.6%. Its current
market capitalization (equity value) is $505 million and it has 12 million shares outstanding. What's its trailing PE ratio? Round to one decimal place.
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Transcribed Image Text:A company generated revenues of $247 million during the last twelve months, with an operating margin of 36.4% and net margin of 28.6%. Its current market capitalization (equity value) is $505 million and it has 12 million shares outstanding. What's its trailing PE ratio? Round to one decimal place. A Moving to another question will save this response. Question 19 of 20 > >
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