Patti's Has Net Income of $1,800,a Price-Earnings Ratio of 12,and

question 39

Multiple Choice

Patti's has net income of $1,800,a price-earnings ratio of 12,and earnings per share of $1.20. How many shares of stock are outstanding?

• A) 1,200
• B) 1,400
• C) 1,500
• D) 1,600
• E) 1,800

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Definitions:

Aversive Stimulus

A type of negative reinforcement where an unpleasant event is introduced to decrease the likelihood of a behavior occurring again.

Paraphilic Activities

Behavior involving unusual or abnormal sexual interests, but not necessarily implying dysfunction or criminality unless acted upon non-consensually.

Nonconsensual

Activities or actions carried out without the agreement or consent of one or more of the individuals involved.

Clinicians

Healthcare professionals who work directly with patients, diagnosing and treating diseases, injuries, and other physical and mental impairments.