Spincic Corporation has provided the following data: The market price of common stock at the end of Year 2 was $4.13 per share. The company's price-earnings ratio for Year 2 is closest to:
A)0.52
B)8.10
C)6.16
D)12.52

Question

Spincic Corporation has provided the following data:  The market price of common stock at the end of Year 2 was $4.13 per share. The company's price-earnings ratio for Year 2 is closest to:
A)0.52 
B)8.10 
C)6.16 
D)12.52

Quizplus · Accepted Answer

The Answer of Spincic Corporation has provided the following data:  The market price of common stock at the end of Year 2 was $4.13 per share. The company's price-earnings ratio for Year 2 is closest to:
A)0.52 
B)8.10 
C)6.16 
D)12.52

Spincic Corporation Has Provided the Following Data: the Market