Rather Corporation's annual report is as follows.



If the current market price is $17 on March 31, 2019, compute the price/earnings ratio on March 31, 2019. (Round any intermediate calculations and your final answer to the nearest cent.)

A) 9.39

B) 2.15

C) 1.81

D) 7.91


A) 9.39

Business

You might also like to view...

How does Michael Shermer characterize the current state of humanity in terms of ethics?

a. the most moral period in our collective history b. in a slight state of decline over the last 50 years c. under serious threat from technology during the 21st century d. in a steep decline due to fraying communal values

Business

Plantwide overhead rates provide a less accurate computation of factory overhead than departmental overhead rates

Indicate whether the statement is true or false

Business

How is the growth stage of the product life cycle (PLC) characterized with respect to sales revenue and profitability?

Business

Although making untrue statements (white lies) to preserve harmony is probably universal, the extent of its use is probably higher in ______ cultures.

A. high-context B. implicit C. collectivist D. individualist

Business