Kizspy | Question: 1
(Choose 1 answer)
RTR Corp. has reported a net income of $812,425 for the year. The company's share price is $13.45, and the company has 312,490 shares outstanding. Compute the firm's price-earnings ratio. Round your final answer to two decimal places.
A. 4.87 times
B. 8.12 times
C. 5.17 times
D. 6.23 times
