13

13 First Sun Coffee has a price earnings ratio of 24, while Second Moon Coffee has a price-earnings ratio of 22. You know with certainty that First Sun's stock: A Represents a larger percentage of firm ownership than does one share of Second Moon. B Sells at a higher price per share than one share of Second Moon. C Has a lower price than one share of stock in Second Moon. D Has a higher market price per dollar of earnings than one share of Second Moon