Use the following information to answer questions

-What is the price-earnings ratio?
A)9.1 times
B)5.7 times
C)2.1 times
D)1.7 times

Question

Use the following information to answer questions 
 
-What is the price-earnings ratio?
A)9.1 times 
B)5.7 times 
C)2.1 times 
D)1.7 times

Quizplus · Accepted Answer

The price-earnings ratio can be calculated by dividing the market value per share by the earnings per share. In this case, the market value per share is $32.75 and the earnings per share is $5.75. So the price-earnings ratio is 5.7 times (32.75/5.75). This is the only answer choice given for the question about the price-earnings ratio.

Use the Following Information to Answer Questions