Windswept,Inc

question 47

Multiple Choice

Windswept,Inc. has 90 million shares of stock outstanding. Its price-earnings ratio for 2011 is 12. What is the market price per share of stock?

• A) $57.12
• B) $59.94
• C) $62.82
• D) $64.13
• E) $65.03

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Definitions:

Validity

The extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.

Abilities

The natural or acquired skills and talents that enable individuals to perform tasks, solve problems, and adapt to various situations.

Standardization

The process of developing and implementing technical standards to ensure consistency and compatibility in products, services, and processes.

Random Selection

A method of selecting a sample from a population in a way that gives every member of the population an equal chance of being chosen.