The Satellite Shoppe Has Current Sales Per Share of $7

question 26

Multiple Choice

The Satellite Shoppe has current sales per share of $7.15. The sales per share are expected to increase at an annual rate of 11 percent. The historical P/E ratio is 16.2 and the historical P/S ratio is 8.4. What is the expected price of this stock one year from now?

• A) $59.72
• B) $66.67
• C) $74.92
• D) $115.18
• E) $129.00

---

Definitions:

Client Improvement

The progress or positive change in a client's condition or behavior as a result of therapeutic interventions or services.

Commitment Talk

Dialogues in motivational interviewing aimed at strengthening the client's motivation and commitment to change.

Motivational Interviewing

A counseling approach that helps people find the motivation to make positive changes in their lives.

Change Talk

Conversational expressions indicating a person's openness or consideration toward changing a behavior or thought pattern.