Blue Company Reported The Price-Earnings Ratio Per Ordinary Share Is:
A)1

question 47

Multiple Choice

Blue Company reported: $$\begin{array} { l l } \text { Share price } & \$ 18 \\\text { Net profit } & \$ 3,000 \\\text { Preference dividend } & \$ 500 \\\text { Ordinary dividend } & \$ 1,000 \\\text { Issued ordinary shares } & 1,000 \text { shares }\end{array}$$ The price-earnings ratio per ordinary share is:

• A)1.8:1.
• B)7.2:1.
• C)5.0:1.
• D)3.0:1.

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