The Price/earnings (P/E) Ratio Is the Price of a Stock

question 130

Short Answer

The price/earnings (P/E) ratio is the price of a stock share ($100) divided by earnings (profit) per share ($20), which is equal to 5.

Comprehend the significance of sales taxes for state and local government revenue.

Understand the administrative burden and inefficiency associated with tax systems.

Identify the largest sources of tax receipts for state and local governments.

Understand the impact of U.S. income tax system's special provisions on family tax obligations.