Question: Last year, Hi - Lo Electronics earned $ 2 . 5 0 per share. If the current market value for a share of stock is

Last year, Hi-Lo Electronics earned $2.50 per share. If the current market value for a share of stock is $55, what is the firm's PE ratio? O2.500oo 55220.025 It is impossible to calculate a PE ratio with this information.

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