If a Stock Currently Sells for $40

question 55

Multiple Choice

If a stock currently sells for $40.00 and has annual earnings per share of $3.00,the P/E multiple is:

• A) 0.075
• B) 7.0
• C) 13.33
• D) None of the choices are correct. .

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Definitions:

Disputes

Conflicts or disagreements, often arising from differences in opinion, interests, or interpretations between individuals or organizations.

Individuals

Pertains to human beings as separate persons.

Prosecuted

To officially charge someone with a crime and proceed with legal action against them in a court of law.

Federal Government

The central government of a federation, which holds the authority to govern on national concerns.