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Use the information below to answer question Maimalari Ltd had (i) Earning per share 47k...

Accounts - Principles of Accounts
JAMB 2000
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
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Correct Answer: Option B
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