Microsoft Corporation stock recently traded at $26 per share and had earnings per share of $0.92. Determine

Question:

Microsoft stock recently traded at $26 per share and had earnings per share of $0.92. Determine Microsoft’s price-earnings ratio. Round to two decimal places.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...