Multiple Choice
Pet Rock Quarries,Inc.is a publicly traded company with 200,000 shares of common stock outstanding.The stock currently sells for $50.00 a share.They had net income of $4,000,000.What is the company's P/E ratio?
A) 20.0
B) 50.0
C) 2.5
D) 2.0
E) There is not enough information to answer this question.
Correct Answer:
Verified
Correct Answer:
Verified
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