Question: Using the data below, compute Price-Earnings Ratio. Accounts Payable 1,300 Accounts Receivable 1,500 Capital Stock 2,000 Cash 200 Cost of Goods Sold 8,000 Inventory 2,100

Using the data below, compute Price-Earnings Ratio.

Accounts Payable 1,300

Accounts Receivable 1,500

Capital Stock 2,000

Cash 200

Cost of Goods Sold 8,000

Inventory 2,100

Long-term Debt 4,000

Net Income 650

Property, Plant, and Equipment (net) 5,000

Retained Earnings 1,500

Sales 12,000

Market value of shares 12,000

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