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The price-earnings ratio of a stock is given by P R(P.E)=E where P is the price of the stock and E is the earnings per share. Recently, the price per share of a certain company was $33.75 and the earnings per share were $1.94. Find the price-earings ratio. The price-earings ratio is (Round to the nearest hundredth.)

The price-earnings ratio of a stock is given by P R(P.E)=E where P is the price of the stock and E is the earnings per share. Recently, the price per share of a certain company was $33.75 and the earnings per share were $1.94. Find the price-earings ratio. The price-earings ratio is (Round to the nearest hundredth.)

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.1: Ratios
Problem 25WE
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The price-earings ratio of a stock is given by P R(P.E)=E where P is the price of the stock and E is the earnings per share. Recently, the price per share of a certain company was $33.75 and the eamings per share were $1.94. Find the price-eamings ratio. The price-earnings ratio is (Round to the nearest hundredth.) example Get more help. C C... Oll O O Clear all % & Check answer US Dec 1 8:32 1
Transcribed Image Text:The price-earings ratio of a stock is given by P R(P.E)=E where P is the price of the stock and E is the earnings per share. Recently, the price per share of a certain company was $33.75 and the eamings per share were $1.94. Find the price-eamings ratio. The price-earnings ratio is (Round to the nearest hundredth.) example Get more help. C C... Oll O O Clear all % & Check answer US Dec 1 8:32 1
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