Sunny Skies Solar Company Stock Is Selling at $20 Per

question 78

Multiple Choice

Sunny Skies Solar Company stock is selling at $20 per share. It has retained earnings of $1.50 per share, and dividends of $0.50 per share. What is the price/earnings ratio?

• A) 0.1
• B) 10
• C) 18
• D) 40

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