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A company has earnings per share of $1.20,it paid a dividend of $.50 per share,and the market price of the company's stock is $45 per share.The price/earnings ratio is closest to:
Intuitive
Ability to understand or know something immediately based on instinct rather than conscious reasoning.
Conservation
The cognitive ability to understand that certain properties of objects, such as volume or mass, remain the same even when their outward appearance changes.
Object Permanence
The understanding that objects continue to exist even when they cannot be seen, heard, or touched, which develops in infancy.
Operations
In cognitive psychology, it refers to mental actions that allow individuals to mentally manipulate objects and solve problems.
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