Calculate Price Earnings Growth Ratio Given the Following Information: Net

question 326

Multiple Choice

Calculate price earnings growth ratio given the following information: net income = $750,000; shares outstanding = 500,000; stock price = $28; future earnings growth rate = 6%.

• A) 3.01
• B) 3.11
• C) 3.21
• D) 3.31
• E) 3.41

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