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The Following Information Pertains to Blue Flower Company

Question 17

Multiple Choice

The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. What is the price-earnings ratio for this company? A) 2.4 times B) 2.0 times C) 3.4 times D) 6.0 times What is the price-earnings ratio for this company?


A) 2.4 times
B) 2.0 times
C) 3.4 times
D) 6.0 times

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