Success Ltd Has a Price-Earnings Ratio of 5 and Earnings

question 34

Multiple Choice

Success Ltd has a price-earnings ratio of 5 and earnings per share of 22 cents. Its issued capital consists of 2,000,000 $1 ordinary shares. The market price per share is:

• A) $1.0
• B) $1.10
• C) $4.40
• D) none of the above.

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Definitions:

Workshops Attended

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Income Tax Statements

Documentation filed with government authorities that report income earned and taxes owed for a specific period.

Inline Résumé

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Multimedia Elements

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