Suppose the Move It! exercise chain has revenues of $45 million,accounting costs of $15 million,and currently has issued 10 million shares of stocks selling at $90 each.Compute the price to earning ratio.Show your work.Is this ratio relatively high or low? What might an increase in the price to earning ratio indicate?

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The Answer of Suppose the Move It! exercise chain has revenues of $45 million,accounting costs of $15 million,and currently has issued 10 million shares of stocks selling at $90 each.Compute the price to earning ratio.Show your work.Is this ratio relatively high or low? What might an increase in the price to earning ratio indicate?

Suppose the Move It! Exercise Chain Has Revenues of $45