The following table shows the Price-to-Earnings ratio for a Stereo equipment manufacturing company between 1998 and 2002. $$\begin{array} { c c }
\text { Year } & \text { P/E Ratio } \
\hline 1998 & 12.4 \
1999 & 14.6 \
2000 & 11.1 \
2001 & 8.2 \
2002 & 6.8
\end{array}$$
-Determine the percentage change in the P/E ratios from 1998 to 1999.

Question

The following table shows the Price-to-Earnings ratio for a Stereo equipment manufacturing company between 1998 and 2002. $$\begin{array} { c c } 
\text { Year } & \text { P/E Ratio } \
\hline 1998 & 12.4 \
1999 & 14.6 \
2000 & 11.1 \
2001 & 8.2 \
2002 & 6.8
\end{array}$$
-Determine the percentage change in the P/E ratios from 1998 to 1999.

Quizplus · Accepted Answer

The Answer of The following table shows the Price-to-Earnings ratio for a Stereo equipment manufacturing company between 1998 and 2002. $$\begin{array} { c c } 
\text { Year } & \text { P/E Ratio } \
\hline 1998 & 12.4 \
1999 & 14.6 \
2000 & 11.1 \
2001 & 8.2 \
2002 & 6.8
\end{array}$$
-Determine the percentage change in the P/E ratios from 1998 to 1999.

The Following Table Shows the Price-To-Earnings Ratio for a Stereo