Use the information below to answer the question:
Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) Par value of each share ₦1.20 (iv) Market price per share ₦1.50
What will be the price earnings ratio of the company?
Options
A) 3.91
B) 3.19
C) 2.95
D) 2.55
The correct option is B
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