Corp.'s stock price at the end of last year was $33.50 and its earnings per share for the year were $2.30 What was its P/E ratio?
A) 13.84
B) 14.57
C) 15.29
D) 16.06
E) 16.86

Name: Corp.'s stock price at the end of last year was $33.50 and its earnings per share for the year were $2.30 What was its P/E ratio? A) 13.84 B) 14.57 C) 15.29 D) 16.06 E) 16.86
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Question

Quizplus · Accepted Answer

To calculate the P/E ratio, divide the stock price by earnings per share. Thus, P/E ratio = $33.50/$2.30 = 14.57.

Corp'S Stock Price at the End of Last Year Was