Use the information below to answer the question that follows:
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 answer is B.
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