What are the price-earnings ratio


Response to the following question:

Rockwell Jewelers management has announced that the company had net earnings of $4,825,000 for this year. The company has 3,836,000 shares outstanding, and the year-end stock price is $48.04.

What are Rockwell's earnings per share and P/E ratio? (Round answers to 2 decimal places, e.g. 12.25) .

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Financial Accounting: What are the price-earnings ratio
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