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The price per share is $30 and earnings per share is $3.5 then price for earnings ratio would be ___________?

/ Analysis of Financial Statements, Finance Mcqs / By
The price per share is $30 and earnings per share is $3.5 then price for earnings ratio would be ___________?

A. 8.57 times
B. 0.0857
C. 0.11 times
D. 0.11