The current market price of Fixit Ltd's ordinary shares is $5.00 each. If the latest earnings per share is $0.50, the company's price-earnings ratio is:
A) 20 times.
B) 10 times.
C) 2.0 times.
D) 2.5 times.

Name: The current market price of Fixit Ltd's ordinary shares is $5.00 each. If the latest earnings per share is $0.50, the company's price-earnings ratio is: A) 20 times. B) 10 times. C) 2.0 times. D) 2.5 times.
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The Answer is B

The Current Market Price of Fixit Ltd's Ordinary Shares Is