On December 31,2014 and 2015,a company had 10,000 shares of common stock outstanding.The following information is also available: Use the information above to answer the following question.The price/earnings ratio at December 31,2015 is closest to:

A)0.35.
B)1.40.
C)0.28.
D)3.50.

Question

On December 31,2014 and 2015,a company had 10,000 shares of common stock outstanding.The following information is also available: Use the information above to answer the following question.The price/earnings ratio at December 31,2015 is closest to:

A)0.35. 
B)1.40. 
C)0.28. 
D)3.50.

Quizplus · Accepted Answer

The Answer of On December 31,2014 and 2015,a company had 10,000 shares of common stock outstanding.The following information is also available: Use the information above to answer the following question.The price/earnings ratio at December 31,2015 is closest to:

A)0.35. 
B)1.40. 
C)0.28. 
D)3.50.

On December 31,2014 and 2015,a Company Had 10,000 Shares of Common