The price per share is $30 and earnings per share is $3.5 then price for earning

Question

The price per share is $30 and earnings per share is $3.5 then price for earnings ratio would be

Options:

A . 8.57 times

B . 0.0857

C . 0.11 times

D . 0.11

Answer: Option A
Answer: (a).8.57 times

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