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

question 29

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The following table shows the Price-to-Earnings ratio for a stereo equipment manufacturing company between 1998 and 2002.  Year  P/E Ratio 199812.4199914.6200011.120018.220026.8\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 1999 to 2000.

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Definitions:

Cognitive Appraisal

The process of interpreting and evaluating what emotions a person experiences in a particular situation.

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A personality trait reflecting a fundamental appraisal of one’s own worthiness, competence, and capability in various situations.

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describes individuals who are naturally inclined to take initiative and effect change in their environments rather than simply reacting to circumstances.

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A theory of learning and social behavior which proposes that new behaviors can be acquired by observing and imitating others.

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