Select the correct answer.
Drake owns 100 stocks of Balancia, Inc. He had bought these stocks at a face value of $10. The market price of these stocks is now $50 each.
Balancia has declared a dividend of 20% this year. Balancia's retained earnings for the year is $2,000,000 and it has 1,000,000 outstanding
stocks. What is the P/E Ratio?

the correct answer is the second option

a function could be identified in 3 ways either on a chart,graph, or ordered pairs. first a function is that each point has its own. the rule is that there can be many x's to one y but there can not be 2 x's at different y's. so on a graph when you put a straight line through the y's there should be one dot only to be a function.

step-by-step explanation:

54/3 is 18 so 18 is your answer