Square D's Has $42,700 in Sales and a Profit Margin

question 15

Multiple Choice

Square D's has $42,700 in sales and a profit margin of 7.2 %. There are 5,700 shares of stock outstanding at a market price per share of $13.20. What is the price-earnings ratio?

• A) 7.12
• B) 17.63
• C) 24.47
• D) 26.08
• E) 29.00

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Definitions:

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, through which an individual makes associations between certain behaviors and their consequences.

B.F. Skinner

An American psychologist known for his work on behaviorism and the development of the theory of operant conditioning.

Albert Bandura

A Canadian-American psychologist known for his work on social learning theory and the concept of self-efficacy.

Vicarious Learning

The process of learning by observing the actions and outcomes of others' behaviors rather than through direct experience.