Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Barber Industries reported net income of $32000, earnings per share of $2, and paid dividends of $3 per share or a total of $3000. The stock sells for $20 per share. What is the price/earnings ratio?
____ 10
____ 10.67
____ 1.5
____ 6.67
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