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    Essentials of Investments
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    Exam 14: Financial Statement Analysis
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    A Firm Has a ROE of 20% and a Market-To-Book
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A Firm Has a ROE of 20% and a Market-To-Book

Question 60

Question 60

Multiple Choice

A firm has a ROE of 20% and a market-to-book ratio of 2.38.Its P/E ratio is _________.


A) 8.40
B) 11.90
C) 17.62
D) 47.60

Correct Answer:

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