The Following Table Shows the Price-To-Earnings Ratio for a Stereo

question 60

Multiple Choice

The following table shows the Price-to-Earnings ratio for a stereo equipment manufacturing company between 1998 and 2002. $\begin{array} { l c } \underline { \text { Year } } & \underline {\text { P/E Ratio }} \\1998 & 12.4 \\1999 & 14.6 \\2000 & 11.1 \\2001 & 8.2 \\2002 & 6.8\end{array}$
Determine the percentage change in the P/E ratios from 1998 to 1999.

• A)15.07%
• B)17.74%
• C)20.72%
• D)-17.74%
• E)-15.07%

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Definitions:

Chloromethane

A colorless, flammable gas with a faintly sweet odor, used in the production of silicones.

Lewis Structure

A diagrammatic representation of the bonding between atoms of a molecule and the lone pairs of electrons in the molecule.

Ethyne

Also known as acetylene, it is a colorless gas used as a fuel and a chemical building block.

Double Bonds

Chemical bonds formed when two pairs of electrons are shared between two atoms, resulting in stronger attraction and shorter bond length compared to single bonds.