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question 79

Multiple Choice

[The following information applies to the questions displayed below.]
Shown below are selected data from the financial statements of Supreme Co.Dollar amounts are in millions (except for the per share data) .
Supreme reported earnings per share for the year of $4 and paid cash dividends of $1 per share.At year-end,the Wall Street Journal listed Supreme's capital stock as trading at $88 per share.
-200 Supreme's price-earnings ratio at year end was:

• A)25.
• B)22.
• C)100.
• D)4.

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