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Webster,Inc What Is the Price/Earnings Ratio?
A)2

Question 76

Multiple Choice

Webster,Inc.has the following information: Net income 30.000 Stock price (per share) $20 Average number of shares outstanding10,000Average amount of stockholders’ equity $90,000\begin{array} { ll } \text {Net income }&30.000\\ \text { Stock price (per share) }&\$20\\ \text { Average number of shares outstanding}&10,000\\ \text {Average amount of stockholders' equity }&\$90,000\\\end{array}
What is the Price/Earnings ratio?


A) 2.2
B) 4.0
C) 6.7
D) 20.0

Correct Answer:

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