The Following Table Shows the Price-To-Earnings Ratio for a Stereo

question 202

Essay

The following table shows the Price-to-Earnings ratio for a Stereo equipment manufacturing company between 1998 and 2002. $$\begin{array} { c c } \text { Year } & \text { P/E Ratio } \\\hline 1998 & 12.4 \\1999 & 14.6 \\2000 & 11.1 \\2001 & 8.2 \\2002 & 6.8\end{array}$$
-Determine the percentage change in the P/E ratios from 1999 to 2000.

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