Last Year, High-Tech Electronics Earned $1

question 5

Multiple Choice

Last year, High-Tech Electronics earned $1.50 per share. If the current market value for a share of stock is $45, what is the firm's P-E ratio?

• A) 0.03
• B) 3.30
• C) 30.00
• D) 33.00
• E) 45.00

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Definitions:

Chi-rho-iota

A Christian symbol formed by superimposing the first two (capital) letters chi and rho (ΧΡ) of the Greek word "ΧΡΙΣΤΟΣ" (Christ) and sometimes including the letter iota, representing Jesus.

Virgin And Child

A common subject in Christian art depicting Mary, the mother of Jesus, holding the infant Jesus.

Basil I

Byzantine Emperor from 867 to 886 AD, founder of the Macedonian dynasty, known for his administrative reforms and military campaigns.

Hagia Sophia

A historic architectural marvel in Istanbul, originally an Eastern Orthodox cathedral, later an Ottoman mosque, and now a museum.