The following amounts were taken from the financial statements of Plant Company: 2012 2011 Total assets $800,000 $1,000,000 Net sales 720,000 650,000 Gross profit 352,000 320,000 Net income 150,000 117,000 Weighted average number of common shares outstanding 60,000 90,000 Market price of common stock $67.50 $39 The price-earnings ratio for 2012 is Group of answer choices 27 times. 45 times. 11 times. 2.5 times.

the price earning ratio is 27 times

Explanation:

The computation of the price earning ratio is given below;

as we know that

price earning ratio

= Market price ÷ earning per share

= $67.50 ÷ ($150,000 ÷ 60,000 shares)

= $67.50 ÷ 2.5

= 27 times

hence, the price earning ratio is 27 times

Therefore the same should be considered

d. the economy will face inflation.

answer; /// place the thermal compound between the heat sink and the microprocessor;