Find the price earnings ratio


Question: RTR Corp. has reported a net income of 812,425 for the year. The company's share value is 13.45, & the company has 312,490 shares outstanding. Find the firm's price-earnings ratio.

[A]   4.87 times

[B]   8.12 times

[C]   5.17 times

[D]   None of the above

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Finance Basics: Find the price earnings ratio
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