Multiple Choice
A company has a market value per share of $73.00. Its net income is $1,750,000 and the weighted-average number of shares outstanding is 350,000. The company's price-earnings ratio equals:
A) 20.9.
B) 4.2.
C) 14.6.
D) 20.0.
E) 6.8.
Correct Answer:
Verified
Correct Answer:
Verified
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