Question 76698
At the close of the stock market on a particular day, each share of a textile company's stock was selling for $12&5/16. The annual earnings per share were $3.52. What is the ratio of selling price to annual earnings? 
12 5/16 divided by 3.52
Either turn the fraction into an improper fraction or decimal.  5 divided by 16 is .3125 + 12 is 12.3125.
{{{12.3125/3.52}}}
{{{3.497869/1}}}
approximately $3.50 to $1
Happy Calculating!!!!