A company had: Market price Earnings per share $39.20 per share $210 Dividends per share $125 Its price-earnings ratio equals: A. 21.9 B. 18.7 C. 24.7 D. 20.7 E. 16.6
A company had: Market price Earnings per share $39.20 per share $210 Dividends per share $125 Its price-earnings ratio equals: A. 21.9 B. 18.7 C. 24.7 D. 20.7 E. 16.6
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 33MCQ: Selected information for Berry Company is as follows: Berrys return on equity rounded to the nearest...
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
Transcribed Image Text:A company had:
Market price
Earnings per share
$39.20 per share
$210
Dividends per share $125
Its price-earnings ratio equals:
A. 21.9
B. 18.7
C. 24.7
D. 20.7
E. 16.6
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