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The information for Bronze Company's common stock is as follows: Book value per share $27.00 Market value per share $20.00 Earnings per share $ 5.00
The information for Bronze Company's common stock is as follows: Book value per share $27.00 Market value per share $20.00 Earnings per share $ 5.00 Par value per share $ 3.00 Dividend per share $ 2.00 Calculate the price-earnings ratio for Bronze Company. (Round your answer to one decimal place.)
a. 6.0 b. 4.0 c. 5.0 d. 2.0
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