Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's price-earnings ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 19.00
B) 12.53
C) 7.46
D) 1.52

Question

Settles Corporation has provided the following financial data:  Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's price-earnings ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 19.00 
B) 12.53 
C) 7.46 
D) 1.52

Quizplus · Accepted Answer

The Answer of Settles Corporation has provided the following financial data:  Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's price-earnings ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 19.00 
B) 12.53 
C) 7.46 
D) 1.52

Settles Corporation Has Provided the Following Financial Data: Dividends