Per share
Carrying value on 31 December,current year $25
Quoted market value on 31 December,current year 30
Earnings per share for the current year 6
Dividend per share for the current year 3
The price-earnings ratio of the shares for the current year is:
A) 4.2 to 1.
B) 5 to 1.
C) 8.3 to 1.
D) 10 to 1.
Correct Answer:
Verified
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