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Harrison Corporation had a stock price of $52 per share, earnings per share (EPS) of $0.85, and dividends per share of $0.25. What is the company's price/earnings (P/E) ratio? a. 1.9 b. 61.2 C. 230.5 d. 85.6

Harrison Corporation had a stock price of $52 per share, earnings per share (EPS) of $0.85, and dividends per share of $0.25. What is the company's price/earnings (P/E) ratio? a. 1.9 b. 61.2 C. 230.5 d. 85.6

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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What is the company's price earnings ratio? Accounting

Harrison Corporation had a stock price of $52 per share, earnings per share (EPS) of $0.85, and dividends per share of $0.25. What is the company's price/earnings (P/E) ratio? a. 1.9 b. 61.2 C. 230.5 d. 85.6
Transcribed Image Text:Harrison Corporation had a stock price of $52 per share, earnings per share (EPS) of $0.85, and dividends per share of $0.25. What is the company's price/earnings (P/E) ratio? a. 1.9 b. 61.2 C. 230.5 d. 85.6
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