Ask Question
29 April, 10:24

Zolt Inc. (zolt) stock is selling for $8.22 per share with an EPS of. 45 cents per share. What is Zolt's PE ratio? (Round to nearest tenth.)

rev: 09_19_2013_QC_35406

18.3

19.5

8.3

20.0

None of these

+3
Answers (1)
  1. 29 April, 12:40
    0
    18.3 (when EPS is 45 cents), otherwise there is none of these

    Step-by-step explanation:

    PE = Current Price / EPS

    current Price = $ 8.22 = 822 cents

    EPS =.45 cents (?) ... is it 45 cents?

    if it is 45 cents : PE = 822 / 45 = 18.26 ≈ 18.3
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Zolt Inc. (zolt) stock is selling for $8.22 per share with an EPS of. 45 cents per share. What is Zolt's PE ratio? (Round to nearest ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers