Corp'S Stock Price at the End of Last Year Was

question 38

Multiple Choice

Corp.'s stock price at the end of last year was $33.50 and its earnings per share for the year were $2.30 What was its P/E ratio?

• A) 13.84
• B) 14.57
• C) 15.29
• D) 16.06
• E) 16.86

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Definitions:

Overprescribed

The act of prescribing medication or medical treatment in excess of what is clinically indicated or necessary.

Underlying Problem

The root cause or fundamental issue that leads to a symptom or series of symptoms in any given situation.

Electroconvulsive Therapy

A medical treatment involving electrical stimulation of the brain to alleviate severe mental illnesses, especially major depression.

Therapeutic Efficacy

The extent to which a specific treatment, procedure, or regimen produces a beneficial result under ideal conditions.