Multiple Choice
A company has net income of $850,000.It also has 125,000 weighted-average common shares outstanding and a market value per share of $115.The company's price-earnings ratio is equal to:
A) 16.9
B) 14.7
C) 92.0
D) 13.5
E) 8.0
Correct Answer:
Verified
Correct Answer:
Verified
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