Song Corp's Stock Price at the End of Last Year

question 106

Multiple Choice

Song Corp's stock price at the end of last year was $23.50 and its earnings per share for the year were $1.30.What was its P/E ratio?

• A)17.17
• B)18.08
• C)18.98
• D)19.93
• E)20.93

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Definitions:

Phineas Gage

A historical figure known for surviving a severe brain injury that dramatically changed his personality, providing early evidence of the brain's role in personality and behavior.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors, thoughts, and emotions.

Frontal Lobes

The area of the brain located behind the forehead that is responsible for complex cognitive functions, including behavior, decision making, and movement.

Planning

The process of thinking about, organizing, and preparing for any specific goal or future task.