Question
Caesar Corporation the following for 2012: Earnings/share of $17.68 Market price per share of common stock: $52 Number of shares of common stock outstanding: 52,000
Caesar Corporation the following for 2012:
| Earnings/share of | $17.68 |
| Market price per share of common stock: | $52 |
| Number of shares of common stock outstanding: | 52,000 |
| Net income: | $48,000 |
| Dividends/share: | $7.14 |
What is the price earnings ratio for Caesar Corporation (rounded to two decimals)?
A.
2.94
B.
2.48
C.
1.08
D.
7.28
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Financial Management Theory And Practice
Authors: Prasanna Chandra
8th Edition
0071078401, 978-0071078405
