For Calendar 2017, Budapest Corp

question 75

Multiple Choice

For calendar 2017, Budapest Corp.reported net income of $29,280 and earnings per share of $2.46.There were 12,000 common shares outstanding during 2017.On Dec 31, 2017, the market price for Budapest's common shares was $32.To the nearest whole number, what is Budapest's price earnings ratio at Dec 31, 2017?

• A)13
• B)32
• C)375
• D)915

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Definitions:

Countercultures

Groups or movements that reject the dominant societal values and norms and create their own cultural norms and values.

Internal Integration

The process of ensuring that different departments and functions within an organization work together cohesively.

Power Allocation

The distribution of authority and decision-making power among individuals or groups within an organization.

Unique Identity

Unique identity refers to the distinctive characteristics or attributes that make an individual, group, or entity different from others.