Multiple Choice
A company has net income of $90,000; its weighted-average common shares outstanding are 18,000. Its dividend per share is $0.45, its market price per share is $88, and its book value per share is $76. Its price-earnings ratio equals:
A) 12.5.
B) 17.6.
C) 15.2.
D) 9.0.
E) 16.9.
Correct Answer:
Verified
Correct Answer:
Verified
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