Barber Industries Reported Net Income of $32,000,earnings Per Share of $2,and

question 23

Multiple Choice

Barber Industries reported net income of $32,000,earnings per share of $2,and paid dividends of $3 per share or a total of $3,000.The stock sells for $20 per share.What is the price/earnings ratio?

• A)10.00
• B)10.67
• C)1.50
• D)6.67

---

Definitions:

Compulsive Sex

A condition characterized by an uncontrollable and obsessive engagement in sexual thoughts, urges, or behaviors.

Nonconsensual Sex

Sexual activity that occurs without the explicit agreement of one or more participants.

Satyriasis

An excessive, uncontrollable sexual desire in a man.

Nymphomania

A pseudoscientific term referring to “abnormally high” or “excessive” sexual desire in a woman.