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Suppose an investor buys a share of stock for $40 and sells it for $45 after one year. At the end of that year, the dividend per stock is $1. The company has 100,000 shares outstanding and a total profit for the year of $500,000. Calculate the price-earnings ratio for this firm at the time the stock was sold.
MP3 Players
Portable electronic devices designed to play digital audio files in the MP3 format, popular for music playback before the widespread use of smartphones.
Unit Costs
The charges a company faces in the process of making, holding, and vending one individual unit of a particular product or service.
Optimal Quantity
The amount of a good or service that achieves the best balance between benefits and costs, maximizing net benefits to the consumer or producer.
Optimal Allocation
Optimal allocation refers to the most efficient distribution of resources and goods in an economy, maximizing the total benefit or utility gained.
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