Question: Presented below is information reported by Crane Ltd. for its past two fiscal years: On December 31, 2024, there were 13000 common shares outstanding trading

Presented below is information reported by Crane Ltd. for its past two fiscal years: On December 31, 2024, there were 13000 common shares outstanding trading at $15/ share. The preferred dividend was paid. No common shares have been bought or sold during the year. What is the price earnings ratio in 2024 ? $2.65 $3.20 $5.00 $4.93

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