Multiple Choice
The Kids' Mart has a market-to-book ratio of 3.3, net income of $87,100, a book value per share of $18.50, and 7,500 shares of stock outstanding.What is the price-earnings ratio?
A) 4.34
B) 8.16
C) 5.61
D) 6.25
E) 5.26
Correct Answer:
Verified
Correct Answer:
Verified
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