Use the information below to answer question Ma... - JAMB Accounting 2000 Question
Use the information below to answer question Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) Par value of each share N1.20 (iv) Market price per share N1.50
What will be the price earnings ratio of the company?
What will be the price earnings ratio of the company?
A
3.91
B
3.19
C
2.95
D
2.55
correct option: b
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