$13$

Compute Topp Company's price$-$earnings $($PE$)$ ratio if its common stock has a market value of $$20\mathrm{.}33$ per share and its earnings per share $($EPS$)$ is $$3\mathrm{.}80.$

Topp's key competitor, Lower Deck, has a price$-$earnings $($PE$)$ ratio of $9\mathrm{.}5.$ For which company does the market have higher expectations of future performance?

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Price Earmings

Future

Ratio

Performance

Compute Topp Company's price$-$earnings $($PE$)$ ratio if its common stock has a market value of $$20\mathrm{.}33$ per share and its earnings per share $($EPS$)$ is $$3\mathrm{.}80.$

$\backslash$table$[[$Price Earnings Ratio$],[$Choose Numerator:,I,Choose Denominator:,$=,$Price Earnings Ratio$],[,1,,=,$Price Earnings Ratio$],[,1,,=,]]$