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A company had a market price of $39.40 per share, earnings per share of $2.20, and dividends per share of $1.35. Its price-earnings ratio equals:
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A company had a market price of $39.40 per share, earnings per share of $2.20, and dividends per share of $1.35. Its price-earnings ratio equals:

User Gac
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1 Answer

4 votes

Answer:

Price earning ratio = $17.9

Step-by-step explanation:

Price earning ratio = Market Price share / Earning Per Share

Price earning ratio = $39.40/$2.2

Price earning ratio = $17.9

User Amxx
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