Market Value Ratios Fancy Paws' year-end price on its common stock is $20.The firm has a profit margin of 12 percent,total assets of $20 million,a total asset turnover ratio of 0.5,no preferred stock,and there are 2 million shares of common stock outstanding.What is the PE ratio for Fancy Paws?
A)3.33
B)8.33
C)10.00
D)33.33

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The Answer of Market Value Ratios Fancy Paws' year-end price on its common stock is $20.The firm has a profit margin of 12 percent,total assets of $20 million,a total asset turnover ratio of 0.5,no preferred stock,and there are 2 million shares of common stock outstanding.What is the PE ratio for Fancy Paws?
A)3.33
B)8.33
C)10.00
D)33.33

Market Value Ratios Fancy Paws' Year-End Price on Its Common