Mathematics, 09.11.2019 18:31 kelseybell5522

Agood indicator of the value of a company is the ratio of the price of its stock to its yearly earnings expressed as dividends. this ratio is called the price to earnings or p/e ratio. if the price of a stock is $36 and it's earnings are $3.00, by how many cents must the earnings decrease in order that the p/e ratio increases by 20%?

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Agood indicator of the value of a company is the ratio of the price of its stock to its yearly earni...