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    Fundamental Accounting Principles Study Set 1
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    Exam 17: Analysis of Financial Statements
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    A Company Had a Market Price of $27
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A Company Had a Market Price of $27

Question 129

Question 129

Multiple Choice

A company had a market price of $27.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price-earnings ratio equals:


A) 32.0.
B) 3.1.
C) 93.8.
D) 3.3.
E) 22.0.

Correct Answer:

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