maeoplier3057 maeoplier3057 31-01-2024 Business contestada Franklin Corporation reported net income of $75,000 in 2016. The company had 100,000 shares of $12 par value common stock outstanding and a market price of $18 per share. Franklin's price-earnings ratio was A. 2.4:1 B. 24:1 C. 16.6:1 D. 1.5:1
