Blue Company Reported -
the Price-Earnings Ratio Per Ordinary Share Is:
A) 1

Multiple Choice

Blue Company reported:
$$\begin{array} { l l } \text { Share price } & \$ 18 \\\text { Net profit } & \$ 3,000 \\\text { Preference dividend } & \$ 500 \\\text { Ordinary dividend } & \$ 1,000 \\\text { Issued ordinary shares } & 1,000 \text { shares }\end{array}$$
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The price-earnings ratio per ordinary share is:

A) 1.8:1.
B) 7.2:1.
C) 5.0:1.
D) 3.0:1.