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14. Clem Company's stock sells for $15 per share. The company has $50 million in earnings. At the beginning of the year they had 102
14. Clem Company's stock sells for $15 per share. The company has $50 million in earnings. At the beginning of the year they had 102 million shares issued and 4 million of treasury stock and at the end of the year they had 106 million shares issued and 4 million in treasury stock. The Earnings per Share ratio for the company is closest to: A. $0.48 B.$0.50 C. $0.47 D. $0.49 15. Clem Company's stock sells for $15 per share. The company has $50 mllion in earnings. At the beginning of the year they had 102 million shares issued and 4 million of treasury stock and at the end of the year they had 106 million shares issued and 4 million in treasury stock. The Price/Earnings ratio for the company is closest to: A. 31.5 B. 0.5 C. B0.0 D. 3.0
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