Dalmatian Corporation's Annual Report Is as Follows

question 32

Multiple Choice

Dalmatian Corporation's annual report is as follows. If the current market price is $19 on March 31, 2016, compute the price/earnings ratio on March 31, 2017. (Round any intermediate calculations and your final answer to the nearest cent.)

• A) 10.50
• B) 2.13
• C) 1.81
• D) 8.92

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