Multiple Choice
Settles Corporation has provided the following financial data:
Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.
-The company's price-earnings ratio for Year 2 is closest to:
A) 19.00
B) 12.53
C) 7.46
D) 1.52
Correct Answer:

Verified
Correct Answer:
Verified
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