For the Year Ended 30 November 2019, Trample Plc Has

Multiple Choice

For the year ended 30 November 2019, Trample plc has a profit after tax of £5.0m. Issued share capital of £8.0m is made up of six million 50 pence preference shares which carry a dividend rate of 5% and ordinary share capital of £5.0m made up of shares with a par value of 25 pence each. The current market price of one ordinary share in Trample plc is 400 pence. What is Trample plc's price earnings ratio?

A) 6.40
B) 16.00
C) 16.49
D) 17.02