Compute accel companies price-earnings ratio

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Question: Computing EPS and P/E ratio

Requirements: 1. Compute earnings per share (EPS) for 2016 for Accel's. Round to the nearest cent.

2. Compute Accel's Companies' price/earnings ratio for 2016. The market price per share of Accel's stock is $65.50.

3. What do these results mean when evaluating Accel's Companies' profitability?

Reference no: EM131820602

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