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Use the Following Information for Questions

Question 26

Multiple Choice

Use the following information for questions. The following data are provided for Croatia Corp.'s last two fiscal years: Use the following information for questions. The following data are provided for Croatia Corp.'s last two fiscal years: Shareholders' Equity 15- 27 Additional information: On May 1, 2015, 6,000 common shares were issued.Although dividends had been declared regularly up to December 31, 2014, preferred dividends were NOT declared during 2015.The market price of the common shares was $100 at December 31, 2015. -The price earnings ratio for 2015 is A) 12.22. B) 13.76. C) 14.99. D) 15.55. Shareholders' Equity 15- 27 Additional information: On May 1, 2015, 6,000 common shares were issued.Although dividends had been declared regularly up to December 31, 2014, preferred dividends were NOT declared during 2015.The market price of the common shares was $100 at December 31, 2015.
-The price earnings ratio for 2015 is


A) 12.22.
B) 13.76.
C) 14.99.
D) 15.55.

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