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On December 31,2014 and 2015,a Company Had 10,000 Shares of Common

Question 110

Multiple Choice

On December 31,2014 and 2015,a company had 10,000 shares of common stock outstanding.The following information is also available: Use the information above to answer the following question.The price/earnings ratio at December 31,2015 is closest to:
On December 31,2014 and 2015,a company had 10,000 shares of common stock outstanding.The following information is also available: Use the information above to answer the following question.The price/earnings ratio at December 31,2015 is closest to: A) 0.35. B) 1.40. C) 0.28. D) 3.50.


A) 0.35.
B) 1.40.
C) 0.28.
D) 3.50.

Correct Answer:

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