$140 is the market value per share of this company's stock.
The overall market value of the company is divided by the total number of outstanding shares to arrive at a market value per share. This displays the price that the market has placed on each share of a company's stock at the time of writing.
EPS = Net Income / Outstanding Shares
= 28,00,000 / 4,00,000
= 7
Market Value = EPS x Price- Earning Ratio
= 7 x 20 = $140
In the world of business and accounting, net income is referred to as an entity's income less the cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a specific accounting period.
A claim of ownership of a company's assets and profits is represented by company stock. Because of this, stock in a corporation is also referred to as "shares" or "equity." Three important characteristics of company stock are ownership rights, voting rights, and limited liability.
Learn more about outstanding shares: https://brainly.com/question/14504712
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