Blue Company Reported - the Price-Earnings Ratio Per Ordinary Share Is:
A)1

Multiple Choice

Blue Company reported: $\begin{array}{ll}\text { Share price } & \$ 18 \\\text { Net profit } & \$ 3000 \\\text { Preference dividend } & \$ 500 \\\text { Ordinary dividend } & \$ 1000 \\\text { Issued ordinary shares } & 1000 \text { shares }\end{array}$
- The price-earnings ratio per ordinary share is:

A) 1.8:1
B) 7.2:1
C) 5.0:1
D) 3.0:1