If the market multiple is 20.24 and the P/E ratio of a company is 24.5, then the stock's relative P/E is

A) 0.83.
B) 1.19.
C) 1.21.
D) 4.26.

Answer: C

Business

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A company had inventory of 10 units at a cost of $20 each on November 1. On November 2, it purchased 10 units at $21 each. On November 6 it purchased 15 units at $25 each. On November 8, it sold 20 units for $54 each. Using the LIFO perpetual inventory method, what was the cost of the 20 units sold?

a. $395. b. $480. c. $375. d. $510. e. $520.

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What type of product decisions does the Nederlander Organization support for its global theaters?

a. Product invention b. Global marketing standardization c. Product adaptation d. Product contraction

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