Question: For the year ending March 31, 2022, a company made net profits of $370,000 and paid dividends on its ordinary shares of $88,000. It has

For the year ending March 31, 2022, a company made net profits of $370,000 and paid dividends on its ordinary shares of $88,000. It has 150,000 ordinary shares in issue, and no preference shares. What is the price earnings ratio for the company if its share price as at that date was $1.44? O a. 1.31 times O b. 0.58 times Oc 0.77 times Od 1.88 times

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