Question: provide the accurate answer to this general accounting problem using valid techniques. AN INVESTOR PURCHASES A STOCK CURRENTLY TRADING AT $32. THE EARNINGS PER SHARE

provide the accurate answer to this general accounting problem using valid techniques.

AN INVESTOR PURCHASES A STOCK CURRENTLY TRADING AT $32. THE EARNINGS PER SHARE (EPS) OF THE STOCK IS REPORTED TO BE $160. WHAT IS THE PRICE-EARNINGS (P/E) RATIO OF THE STOCK? A. 18 B. 20 C. 16 D. 24

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