Calculate the PE Ratio of a Company Whose Stock Price

question 59

Multiple Choice

Calculate the PE ratio of a company whose stock price is $86 and earnings per share is $2.4.

• A)8.3
• B)20.7
• C)35.8
• D)28.3
• E)13.5

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Definitions:

Bipolar Cells

Neurons located in the middle layer of the retina that play a crucial role in transmitting visual information from the photoreceptors to the ganglion cells.

Feature Detectors

Nerve cells in the brain’s visual cortex that respond to specific features of the stimulus, such as shape, angle, or movement.

Optic Nerve

The nerve that carries neural impulses from the eye to the brain.

Lens

A transparent structure in the eye that focuses light rays onto the retina, allowing visual images to be clearly observed.