Last Year,High-Tech Electronics Earned $2

question 31

Multiple Choice

Last year,High-Tech Electronics earned $2.00 per share.If a share of its stock is selling for $60,what is the firm's P-E ratio?

• A)0.03
• B)2
• C)30
• D)33
• E)60

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Definitions:

Liver

Largest gland of the body, lying in the upper-right quadrant of the abdomen just inferior to the diaphragm; secretes bile and is of great importance in carbohydrate and protein metabolism and in detoxifying chemicals.

Hyperkalemia

Greater than normal concentration of potassium ions in the circulating blood.

Calcitonin

Hormone released from parafollicular cells that acts on tissues to cause a decrease in blood levels of calcium ions.

Osteoclast Activity

The process involving osteoclast cells breaking down bone tissue, playing a critical role in bone remodeling and calcium homeostasis.