Dali Design's net income is $19,000, the market value of common stock is $150,000, and the book value of common stockholders' equity is $60,000. What is the Price to Earnings Ratio for Dali's? (Round your answer to two decimal places, X.XX.)
A) 3.16
B) 7.89
C) 0.13
D) 0.32
Correct Answer:
Verified
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