The following table shows the Price-to-Earnings ratio for a stereo equipment manufacturing company between 1998 and 2002. Determine the percentage change in the P/E ratios from 1999 to 2000.
A) 23.97%
B) 31.53%
C) 27.26%
D) -31.53%
E) -23.97
Correct Answer:
Verified
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