A company had a market price of $37.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price- earnings ratio equals: A) 30.0. B) 93.8. C) 32.0.
A company had a market price of $37.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price- earnings ratio equals: A) 30.0. B) 93.8. C) 32.0.
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 2P
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