Multiple Choice
The current market price of Fixit Ltd's ordinary shares is $5.00 each. If the latest earnings per share is $0.50, the company's price-earnings ratio is:
A) 20 times.
B) 10 times.
C) 2.0 times.
D) 2.5 times.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: Why is interest added back to profit
Q48: The ratio that helps to measure the
Q49: Which of these ratios measure returns to
Q50: If Sharpe Products Ltd has a asset
Q51: The ratios that are specifically concerned with
Q53: Which business would you expect to have
Q54: U2 Ltd is considering whether to offer
Q55: Which of these is a factor that
Q56: Which of these is not an efficiency
Q57: Which of these is not a limitation