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The Following Information Pertains to Raleigh Company

Question 29

Multiple Choice

The following information pertains to Raleigh Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets
The following information pertains to Raleigh Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets    -  What is the price to earnings ratio for this company? A)  6.01 times B)  4.24 times C)  8.05 times D)  9.60 times
- What is the price to earnings ratio for this company?


A) 6.01 times
B) 4.24 times
C) 8.05 times
D) 9.60 times

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