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asap At December 31,2021 , OMG Ltd had 250,000 ordinary shares with a par value of $10 each. Net income for the year was $1,000,000.

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At December 31,2021 , OMG Ltd had 250,000 ordinary shares with a par value of $10 each. Net income for the year was $1,000,000. During the year, OMG paid $5 per share in dividends on its ordinary shares. The quoted market price of the shares was $20. The price earnings ratio on the ordinary shares at December 31,2021 was: a. 5:1 b. 3:1 c. 10:1 d. 4:1

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