menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 3
  4. Exam
    Exam 18: Analyzing Financial Statements
  5. Question
    CampUs Ltd Has Net Income of $500,000
Solved

CampUs Ltd Has Net Income of $500,000

Question 129

Question 129

Multiple Choice

CampUs Ltd has net income of $500,000.It has 125,000 shares outstanding and a market price per share of $115.The price-earnings ratio is:


A) 28.8.
B) 14.7.
C) 92.0.
D) 13.5.
E) 8.0.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q124: The formula for calculating total asset turnover

Q125: The South Alberta Corp had income tax

Q126: Levaseur Corp had net income of $65,000,net

Q147: Chicago's Best has current assets of $100

Q155: Chilliton's gross profit was $183,750.Its net sales

Q199: General-purpose financial statements include the (1)_, (2)

Q214: Sonie had average accounts receivable of $87

Q219: The acid-test ratio is a more accurate

Q254: Standards for comparison for interpreting financial statement

Q269: The price-earnings ratio is calculated by dividing

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines