Question: Having some trouble with this. I think it is option A Last year, Bennett's had a PE ratio of 5.4. This year, the PE ratio
Having some trouble with this. I think it is option A
Last year, Bennett's had a PE ratio of 5.4. This year, the PE ratio is 4.9. Based on this information, it can be stated with absolute certainty that
a either the price per share, the earnings per share, or both, changed.
b investors are paying a lower price for each share of stock purchased.
c the price per share increased.
d investors are receiving a lower rate of return this year.
e the earnings per share decreased.
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