JJ Industries Has a P/E Ratio of 18 and an EPS

question 49

Multiple Choice

JJ Industries has a P/E ratio of 18 and an EPS of $0.93. This means that JJ's stock is currently selling for

• A) $16.74 per share.
• B) $17.07 per share.
• C) $18.00 per share.
• D) $19.35 per share.

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Definitions:

Prostate Gland

A gland in the male reproductive system that produces a fluid component of semen.

Secretions

Substances produced and released by cells or glands, which serve various functions in the body, such as lubrication, digestion, and signaling.

Fibrinolysin

Fibrinolysin is an enzyme that breaks down fibrin, a protein involved in blood clotting, thereby playing a role in the process of blood clot removal.

Prostaglandins

A group of lipid compounds that are involved in various physiological processes, including inflammation and pain.