A customer found the 52-week range of a company is $233.82 - $442.40, with an EPS of $8.60 and a market price of $245.90. What is the company's price/earnings ratio?

To determine the company's price/earnings (P/E) ratio, you divide the market price per share by the earnings per share (EPS). In this case, the market price is $245.90, and the EPS is $8.60.

The calculation for the P/E ratio is as follows:

P/E Ratio = Market Price / EPS

P/E Ratio = $245.90 / $8.60

P/E Ratio = 28.6

This calculation shows that for every dollar of earnings, investors are willing to pay $28.60. A P/E ratio of 28.6 indicates how the market values the company compared to its earnings. This ratio allows investors to assess if the stock is overvalued or undervalued in relation to its earnings potential.

In this scenario, other choices do not reflect this accurate calculation. They either calculate a different ratio based on incorrect variables or operations. Therefore, choice B is the right answer as it precisely represents the calculated P/E ratio based on the provided market price and EPS.