Use the information below to answer question Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) Par value of each share N1.20 (iv) Market price per share N1.50 What will be the price earnings ratio of the company?

Use the information below to answer question Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) Par value of each share N1.20 (iv) Market price per share N1.50

What will be the price earnings ratio of the company?

A 3.91
B 3.19
C 2.95
D 2.55

jamb 2000 accounting

The correct answer is B. 3.19

No explanation given

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