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JJ Industries Has a P/E Ratio of 18 and an EPS

Question 25

Multiple Choice

JJ Industries has a P/E ratio of 18 and an EPS of $0.93. This means that JJ's share is currently selling for


A) $17.07 per share.
B) $18.00 per share.
C) $16.74 per share.
D) $19.35 per share.

Correct Answer:

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