The following data have been taken from your company's financial records for the current year:

$\begin{array}{lr}
\text { Earnings per share .............. } & \$ 15 \
\text { Dividend per share ............ } & \$ 9 \
\text { Market price per share ....... } & \$ 120 \
\text { Book value per share.......... } & \$ 90
\end{array}$

The price-earnings ratio is:

Question

The following data have been taken from your company's financial records for the current year:

$\begin{array}{lr}
\text { Earnings per share .............. } & \$ 15 \
\text { Dividend per share ............ } & \$ 9 \
\text { Market price per share ....... } & \$ 120 \
\text { Book value per share.......... } & \$ 90
\end{array}$

The price-earnings ratio is:

Quizplus · Accepted Answer

The Answer of The following data have been taken from your company's financial records for the current year:

$\begin{array}{lr}
\text { Earnings per share .............. } & \$ 15 \
\text { Dividend per share ............ } & \$ 9 \
\text { Market price per share ....... } & \$ 120 \
\text { Book value per share.......... } & \$ 90
\end{array}$

The price-earnings ratio is:

The Following Data Have Been Taken from Your Company's Financial