Rather Corporation's Annual Report Is as Follows

question 148

Multiple Choice

Rather Corporation's annual report is as follows. If the current market price is $17 on March 31,2019,compute the price/earnings ratio on March 31,2019.(Round any intermediate calculations and your final answer to the nearest cent. )

• A)9.39
• B)2.15
• C)1.81
• D)7.91

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Definitions:

Equal Worth

The principle that all individuals have the same intrinsic value, regardless of their circumstances, and should be treated with dignity and fairness.

Maximum Extent

The greatest possible degree or limit to which something can be extended or enlarged.

Utilitarianism

A moral philosophy that bases the rightness or wrongness of actions on their consequences, especially their ability to bring about the greatest happiness for the greatest number of people.

Intentions

The plans or desires that one has in mind to carry out an action.