Vang Corp'S Stock Price at the End of Last Year Was

question 5

Multiple Choice

Vang Corp.'s stock price at the end of last year was $33.50 and its earnings per share for the year were $2.30.What was its P/E ratio?

• A) 13.84
• B) 14.57
• C) 15.29
• D) 16.06
• E) 16.86

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Definitions:

Qualitative Methods

Research techniques that collect non-numerical data to understand concepts, thoughts, or experiences.

Quantitative Forecasting

The use of statistical methods and mathematical models to predict future outcomes based on historical data and quantitative analysis.

Long-Range Forecasts

Predictions about future events or trends that extend far into the future, often used in strategic planning and resource allocation.

Forecasting Steps

A sequential approach to predict future events or trends, involving data collection, analysis, model selection, and results validation.