Electronics Galore Has Historically Had a P/E Ratio of 22

question 78

Multiple Choice

Electronics Galore has historically had a P/E ratio of 22.1. This ratio is considered a good estimate of the future ratio. The firm currently has EPS of $1.78. These earnings are expected to increase by 5.0 percent next year. What is the expected price of this stock one year from now?

• A)$39.31
• B)$40.96
• C)$41.30
• D)$42.78
• E)$43.79

Identify and critically assess forms of nonscientific thinking and their impact on sociological inquiry.

Recognize the ethical considerations in conducting research with human subjects.

Demonstrate knowledge of grounded theory and its application in sociological studies.

Understand the research process in sociology, including formulating research questions and selecting appropriate research methods.

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Definitions:

Demand Deposits

Bank accounts that allow the holder to withdraw funds without advance notice, often used for day-to-day expenses.

Federal Reserve Bank

One of the 12 regional banks of the Federal Reserve System, each serving a specific geographic area of the United States, involved in banking and monetary policy.

First Bankers

Early financial intermediaries who accepted deposits, facilitated loans, and created ways to transfer wealth across great distances.

Goldsmiths

Historically, skilled artisans who made objects out of gold, but in economic context, also referred to as early bankers who issued loans and held deposits.