What is the company's price earnings ratio? 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. 1.9b. 61.2C. 230.5d. 85.6

Given:Market price per share = $52EPS = $0.85Dividend per share = $0.25 Formula:P/E = Stock price /…

Answered: Harrison Corporation had a stock price…

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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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