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Children's Place Has a Market-To-Book Ratio of 2

Question 71

Multiple Choice

Children's Place has a market-to-book ratio of 2.9,net income of $68,400,a book value per share of $37,and 45,000 shares of stock outstanding.What is the price-earnings ratio?


A) 24.34
B) 28.16
C) 55.10
D) 63.25
E) 70.59

Correct Answer:

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