A company had a market price of $37.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price- earnings ratio equals: A) 30.0. B) 93.8. C) 32.0.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
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General accounting

A company had a market price of $37.50 per share, earnings per
share of $1.25, and dividends per share of $0.40. Its price-
earnings ratio equals:
A) 30.0.
B) 93.8.
C) 32.0.
Transcribed Image Text:A company had a market price of $37.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price- earnings ratio equals: A) 30.0. B) 93.8. C) 32.0.
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