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?

  • 3.91
  • 3.19 checkmark
  • 2.95
  • 2.55

The correct answer is: B

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