Use the Following Information to Answer the Question(s)below

question 47

Multiple Choice

Use the following information to answer the question(s) below.
-Assuming that Novartis AG (NVS) has an EPS of $3.35,based upon the average P/E ratio for its competitors,Novartis' stock price is closest to:

• A)$13.00.
• B)$31.86.
• C)$43.47.
• D)$44.35.

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Definitions:

Racial Distinctions

The categorization of people based on perceived physical differences, often used to justify unequal treatment or social status.

Symbolic

Pertains to the use or involvement of symbols; often related to how symbols represent, signify, or stand for ideas, values, or concepts in society.

Emotional

Pertaining to feelings or affective states that influence an individual's behavior, thought processes, and social interactions.

Cultural Differences

The variations in the practices, customs, and perspectives of different societies or groups of people.