Multiple Choice
A company has net income of $850,000. It has 125,000 weighted-average ordinary shares outstanding, a market value per share of $115, and a book value of $100 per share. The company's price-earnings ratio equals:
A) 16.9.
B) 14.7.
C) 92.0.
D) 13.5.
E) 8.0.
Correct Answer:
Verified
Correct Answer:
Verified
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