You Own a Share of Stock in Hershey Foods

question 39

Multiple Choice

You own a share of stock in Hershey Foods.In reviewing the stock information in the Wall Street Journal,you note that Hershey's PE ratio is 19.The PE ratio indicates:

• A)the price Hershey Foods stock is trading at now.
• B)the amount investors are willing to pay for every $1 of Hershey Food's earnings.
• C)the percentage of Hershey Food's earnings paid out in dividends.
• D)the amount you can expect to earn on the stock.

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Definitions:

Forced Labor

Work that people are compelled to do against their will under threat of punishment.

Holding Centers

Facilities used to temporarily detain or house individuals, such as immigrants or prisoners, often while they are awaiting a decision on their legal status or transfer.

Horace Mann

Known as the "Father of American Public Education," he was a pioneering advocate for public education reform in the United States during the 19th century.