If a Company's Stock Currently Sells in the Marketplace for $55

question 37

Multiple Choice

If a company's stock currently sells in the marketplace for $55 per share,and the book value of this stock is $25 per share,what is the Price Earnings ratio if the Earnings per Share is $3.00?

• A)8)33
• B)0)12
• C)18.33
• D)0)05

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