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Use the Table for the Question(s)below

Question 94

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:
Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $ millions) Use the table for the question(s) below. Consider the following income statement and other information: Luther Corporation Consolidated Income Statement Year ended December 31 (in $ millions) -Luther's price - earnings ratio (P/E) for the year ending December 31,2019 is closest to: A) 7.9. B) 10.1. C) 15.4. D) 16.0.
-Luther's price - earnings ratio (P/E) for the year ending December 31,2019 is closest to:


A) 7.9.
B) 10.1.
C) 15.4.
D) 16.0.

Correct Answer:

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