Use the Following Information to Answer the Question(s)below

question 47

Multiple Choice

Use the following information to answer the question(s) below.
-Assuming that Novartis AG (NVS) has an EPS of $3.35,based upon the average P/E ratio for its competitors,Novartis' stock price is closest to:

• A)$13.00.
• B)$31.86.
• C)$43.47.
• D)$44.35.

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Definitions:

Positive Information

Data or facts that present a favorable or beneficial view of a situation or condition.

Using Conventions

The practice of adhering to established rules, norms, or standards, especially in writing or speaking.

Routine Activities

Regularly occurring actions or tasks that are part of an individual's or organization's daily schedule.

Particular Audience

A specific group of people targeted by a message, product, or service, often defined by demographics, interests, or behaviors.