Solved

RTR Corp Has Reported a Net Income of $812,425 for the the Year

Question 20

Multiple Choice

RTR Corp. has reported a net income of $812,425 for the year. The company's share price is $13.45, and the company has 312,490 shares outstanding. Compute the firm's price-earnings ratio. Round your final answer to two decimal places.


A) 4.87 times
B) 8.12 times
C) 5.17 times
D) None of the above

Correct Answer:

verifed

Verified

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

Related Questions

Q15: A company can improve its liquidity by

Q16: Sectors, Inc., has EBIT of $7,221,643 and

Q17: Which one of the following statements is

Q18: Which one of the following statements is

Q19: Total asset turnover is more relevant for

Q21: All else being equal, which of the

Q22: If Randolph Corp. has accounts receivables of

Q23: Common-size balance sheets are those that are

Q24: A firm's management analyzes financial statements so

Q25: Pedro & Son's total common equity at