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
You might also like to view...
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.
Business
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
Business