A Company Has a Market Value Per Share of $73

question 98

Multiple Choice

A company has a market value per share of $73.00.Its net income is $1,750,000 and the weighted-average number of shares outstanding is 350,000.The company's price-earnings ratio is equal to:

• A)20.9
• B)4.2
• C)14.6
• D)20.0
• E)6.8

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Definitions:

Depression

A mental health disorder characterized by persistent feelings of sadness, loss of interest in activities, and can significantly impair daily functioning.

Mesolimbic Dopamine Pathway

A key pathway in the brain associated with the reward system, playing significant roles in motivation, pleasure, and reinforcement.

Abused Drugs

Substances whose use is deemed harmful or subject to legal restrictions, often leading to addiction and negative health consequences.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and sending out information.