A company has a market value per share of $73.00.Its net income is $1,750,000 and the weighted-average number of shares outstanding is 350,000.The company's price-earnings ratio is equal to:
A)20.9
B)4.2
C)14.6
D)20.0
E)6.8

Question

Quizplus · Accepted Answer

The Answer of A company has a market value per share of $73.00.Its net income is $1,750,000 and the weighted-average number of shares outstanding is 350,000.The company's price-earnings ratio is equal to:
A)20.9
B)4.2
C)14.6
D)20.0
E)6.8

A Company Has a Market Value Per Share of $73