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

$\begin{array} { l }
\text {Earnings per share }&\$8\
\text {Market price per share. }&\$60\
\text { Dividend per share}&\$6\
\text { Book value per share.}&\$75\
\end{array}$
The price-earnings ratio is:

Question

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

$\begin{array} { l  }
 \text {Earnings per share }&\$8\
 \text {Market price per share. }&\$60\
 \text { Dividend per share}&\$6\
 \text { Book value per share.}&\$75\
\end{array}$
 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:

$\begin{array} { l  }
 \text {Earnings per share }&\$8\
 \text {Market price per share. }&\$60\
 \text { Dividend per share}&\$6\
 \text { Book value per share.}&\$75\
\end{array}$
 The price-earnings ratio is:

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