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2 years ago

5

Beehive Corporation earned $1.80 per share. Assuming a closing price of $40, what's the PE ratio? (Round your answer to the near

est whole number.)

1 answer:

mamaluj [8]2 years ago

3 0

Answer:

PE ratio = $22

Step-by-step explanation:

Earning per share = $1.80

The price of the share = $40

PE ratio = Price of the share ÷ Earning per share

PE ratio = $40/$1.8-

PE ratio = $22.

Thank you. :)

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