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The Following Data Represent Selected Information from the Comparative Income

question 18

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The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and 2010: The following data represent selected information from the comparative income statement and balance sheet for Dunkin Company for the years ended December 31, 2011 and 2010:   * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2010, and they were selling for $91.50 on December 31, 2011. The price/earnings ratio for Dunkin Company for 2011, was: A) 9.50. B) 13.07. C) 7.00. D) .70. * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2010, and they were selling for $91.50 on December 31, 2011. The price/earnings ratio for Dunkin Company for 2011, was:

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