Use the Given Stock Table to Answer the Question $= 13 \times$

question 148

Multiple Choice

Use the given stock table to answer the question.
-How does the share price for company XYZ compare to the profit per share that it earned in the past year?

• A) earnings \(= 13 \times\) price
• B) price \(= 13 \times\) earnings
• C) price \(= 1.2 \times\) earnings
• D) price \(= 17.75 \times\) earnings

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Definitions:

Debt Financing

A method of raising capital through borrowing money from external sources, such as banks or bond investors, which needs to be repaid at a future date along with interest.