FactorMax Is Currently Selling for $75 Per Share

question 42

Multiple Choice

FactorMax is currently selling for $75 per share.If it is selling at a P/E ratio of 50,calculate FactorMax's recent earnings per share.

• A) $.15
• B) $.67
• C) $1.50
• D) none of the above

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Definitions:

Celerity

Swiftness of movement or action.

Terseness

The quality of being concise and to the point, often characterized by a minimalist use of words to convey information effectively.

Conciseness

The quality of being brief and to the point, eliminating unnecessary words or details.

Comprehensiveness

refers to the quality of including all or nearly all elements or aspects of something.