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Spincic Corporation Has Provided the Following Data: the Market

Question 285

Multiple Choice

Spincic Corporation has provided the following data: Spincic Corporation has provided the following data: The market price of common stock at the end of Year 2 was $4.13 per share. The company's price-earnings ratio for Year 2 is closest to: A) 0.52 B) 8.10 C) 6.16 D) 12.52 The market price of common stock at the end of Year 2 was $4.13 per share. The company's price-earnings ratio for Year 2 is closest to:


A) 0.52
B) 8.10
C) 6.16
D) 12.52

Correct Answer:

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