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Great plc has the following information: - Extracts from the Statement of Financial Position as at 30 November 2013 Non-current assets 20,700,000 Non-current liabilities 6,000,000

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Great plc has the following information: - Extracts from the Statement of Financial Position as at 30 November 2013 Non-current assets 20,700,000 Non-current liabilities 6,000,000 Shareholders' funds 25,000,000 Extracts from the Income Statement for the year ended 30 November 2013 Operating profit 5,500,000 Finance costs 600,000 Profit after taxation 3,900,000 Additional information Number of shares in issue as at 30 November 2013 Market value per share on 30 November 2013 30,000,000 2.33 Based on the above information, calculate the earnings per share and price/earnings ratio. Select one: a. Earnings per share = 0.18; Price/earnings ratio = 12.9 times b. Earnings per share = 0.13; Price/earnings ratio = 17.9 times c. Earnings per share = 0.83; Price/earnings ratio = 2.8 times d. Earnings per share = 2.33; Price/earnings ratio = 1.0 time

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