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zysi [14]
3 years ago
11

XOLO Ltd. sold its stocks at a face value of $10. The stocks presently have a market value of $45. The earning per share (EPS) i

s $2.25. What is it price-earning (P/E) ratio?
A) 5
B) 10
C)20
D)25
Business
1 answer:
miss Akunina [59]3 years ago
4 0

Answer: C

Explanation:

dividing a company's current stock price by its earnings per share (EPS)

45/2.25=20

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