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Bountiful Tractors Has a Share Price of $60,retained Earnings of $2

Question 129

Multiple Choice

Bountiful Tractors has a share price of $60,retained earnings of $2 per share,and a dividend yield of 2 percent.What is Bountiful Tractor's price-earnings ratio?


A) 23.1
B) 18.75
C) 15
D) 30

Correct Answer:

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