Solved

The Following Table Shows the Price-To-Earnings Ratio for a Stereo

Question 102

Essay

The following table shows the Price-to-Earnings ratio for a Stereo equipment manufacturing company between 1998 and 2002.  Year  P/E Ratio 199812.4199914.6200011.120018.220026.8\begin{array} { c c } \text { Year } & \text { P/E Ratio } \\\hline 1998 & 12.4 \\1999 & 14.6 \\2000 & 11.1 \\2001 & 8.2 \\2002 & 6.8\end{array}
-Determine the percentage change in the P/E ratios from 1998 to 1999.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions