JPM Has Earnings Per Share of $3

question 114

Multiple Choice

JPM has earnings per share of $3.75 and P/E of 47. What is the stock price?

• A) $174.08
• B) $176.25
• C) $185.95
• D) $112.98

---

Definitions:

Accounting Number Format

A style of formatting numbers in financial documents that aligns currency symbols and decimal points for easy comparison.

Floating Dollar Sign

A currency symbol that is placed immediately before the first digit of a number, used to indicate the currency, without being attached to the digits.

MAX

A function in spreadsheet software that finds the largest value in a set of data.

Highest Value

The largest number or amount in a given set or series of data.