Big Tree Lumber Has Earnings Per Share of $1

question 70

Multiple Choice

Big Tree Lumber has earnings per share of $1.36. The firm's earnings have been increasing at an average rate of 2.9 percent annually and are expected to continue doing so. The firm has 21,500 shares of stock outstanding at a price per share of $23.40. What is the firm's PEG ratio?

• A) 2.27
• B) 11.21
• C) 4.85
• D) 3.94
• E) 5.93

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Definitions:

Uniqueness

Describes the distinct characteristics and qualities that differentiate one individual from another.

Environmental-mold Traits

Environmental-mold traits suggest that an individual's characteristics and behaviors are shaped or molded by their environment rather than inherited genetically.

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Inherent qualities or characteristics of an individual, determined by genetic factors and early life experiences, that influence their physical, mental, and emotional constitution.

Dynamic Traits

Refer to characteristics of an individual’s personality that are adaptive and can change in response to different situations or over time.