Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
Answer:
the price earning ratio is 6.67
Step-by-step explanation:
The computation of the price earning per share is shown below:
As we know that
Price earning ratio = Current price ÷ earning per share
= ($4 ÷ 0.15) ÷ ($4)
= 6.67
Hence, the price earning ratio is 6.67
It shows the relationship between the current price and the earning per share
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.
