Question
Vang Corp.'s stock price at the end of last year was $28 and its earnings per share for the year were $2.30. What was its
Vang Corp.'s stock price at the end of last year was $28 and its earnings per share for the year were $2.30. What was its P/E ratio?
Select the correct answer.
a. 12.57
b. 12.17
c. 11.97
d. 12.37
e. 11.77
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Advanced Financial Accounting
Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay
7th edition
132928930, 978-0132928939
