Alberta High Skies Company Has Net Income of $3 Million

question 2

Multiple Choice

Alberta High Skies Company has net income of $3 million.It issued 500,000 shares two years ago at an issue price of $20 per share, and the shares are now trading at $35 per share.What is Alberta High Skies' price-earnings ratio?

• A)1.75
• B)3.33
• C)5.83
• D)9.17

---

Definitions:

Self-Disclosure

The act of revealing personal information to others, which is a key component in building trust and intimacy.

Disclosures

The act of revealing personal information to others, which can influence intimacy and trust in relationships.

Relational Development

Movement of a relationship from one stage to another, either toward or away from greater intimacy.

Perspective Change

The process of altering one's viewpoint or understanding based on new information or through empathizing with others.