Use the Following Information for Questions

question 33

Multiple Choice

Use the following information for questions
During 2016, Pattar Corp.reported after-tax profit of $450,000 and paid $75,000 in common dividends.The weighted average number of common shares issued in 2016 was 150,000.There are no preferred shares issued.At year end, Pattar's common shares are selling for $60 per share on the Toronto Stock Exchange.
-Pattar's price-earnings ratio is

• A)120 times.
• B)24 times.
• C)20 times.
• D)3 times.

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Definitions:

Early Development

The initial stages of growth and development in humans and other organisms, often focusing on the prenatal, infancy, and early childhood periods, crucial for physical, cognitive, and emotional health.

Intrapersonal Life

Pertains to personal, internal processes and characteristics within an individual, such as thoughts, feelings, and self-reflection.

Interpersonal Life

Aspects of life that involve interactions and relationships with other people.

Environment

The sum of all external conditions and influences affecting the life and development of organisms, including natural, social, and built environments.