Question
The Rexrode Company reported earnings per share of common stock $12 in 2009 and paid dividends of $3 per share. The current market price per
The Rexrode Company reported earnings per share of common stock $12 in 2009 and paid dividends of $3 per share. The current market price per share is $72 and the book value per share is $54. The company's price-earnings ratio is
I know it is B but again not sure how to get there . Ty!
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A
4.5 to 1
B
6 to 1
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Financial And Management Accounting An Introduction
Authors: Pauline Weetman
8th Edition
1292244410, 978-1292244419
