Rather Corporation's Annual Report Is as Follows

question 148

Multiple Choice

Rather Corporation's annual report is as follows. If the current market price is $17 on March 31,2019,compute the price/earnings ratio on March 31,2019.(Round any intermediate calculations and your final answer to the nearest cent. )

• A)9.39
• B)2.15
• C)1.81
• D)7.91

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