A company's stock is trading at $45 per share. The company has 200,000 shares outstanding and reported a net income of $750,000. What is the P/E ratio? A. 11.25 B. 12.00 C. 12.75 D. 13.50

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A company's stock is trading at $45 per share. The company has
200,000 shares outstanding and reported a net income of $750,000.
What is the P/E ratio?
A. 11.25
B. 12.00
C. 12.75
D. 13.50
Transcribed Image Text:A company's stock is trading at $45 per share. The company has 200,000 shares outstanding and reported a net income of $750,000. What is the P/E ratio? A. 11.25 B. 12.00 C. 12.75 D. 13.50
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