Calculate Price Earnings Growth Ratio Given the Following Information: Net

question 111

Multiple Choice

Calculate price earnings growth ratio given the following information: net income = $1,250,000; shares outstanding = 400,000; stock price = $35; future earnings growth rate = 8%.

• A) 1.30
• B) 1.35
• C) 1.40
• D) 1.45
• E) 1.50

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