Last Year, Hi-Lo Electronics Earned $2

question 97

Multiple Choice

Last year, Hi-Lo Electronics earned $2.50 per share.If the current market value for a share of stock is $55, what is the firm's PE ratio?

• A)0.025
• B)2.5
• C)22
• D)55
• E)It is impossible to calculate a PE ratio with this information.

---

Definitions:

Overall Appearance

The external look or outward aspect of something or someone, encompassing all elements seen.

Curation Tools

Curation tools are software or applications that allow individuals to select, organize, and manage content from various sources for purposes such as sharing or personal use.

Online Portfolios

Digital collections of an individual's work accessible via the internet, showcasing their skills, projects, and accomplishments.

Community Q&A Site

An online platform where users can ask questions and receive answers from other community members, facilitating knowledge sharing.