The Marr Corp had profit of $75,000 and 25,000 common shares outstanding throughout the year.On December 31,the shares of Marr sold for $43.50.What is Marr's price-earnings ratio?

Question

Quizplus · Accepted Answer

The Answer of The Marr Corp had profit of $75,000 and 25,000 common shares outstanding throughout the year.On December 31,the shares of Marr sold for $43.50.What is Marr's price-earnings ratio?

The Marr Corp Had Profit of $75,000 and 25,000 Common