Last Year,Bennett's Had a Price-Earnings Ratio of 10

Multiple Choice

Last year,Bennett's had a price-earnings ratio of 10.2.This year,the price earnings ratio is 10.4.Based on this information,it can be stated with absolute certainty that:

A) the price per share increased.
B) the earnings per share decreased.
C) either the price per share,the earnings per share,or both,changed.
D) investors are receiving a higher rate of return this year.
E) investors are paying a higher price for each share of stock purchased.