Fast-Tech Corp's Common Shares Have a Market Value of $63

question 151

Multiple Choice

Fast-Tech Corp's common shares have a market value of $63.The corporation's net income is $1,350,000 and the total number of shares outstanding is 450,000.The price-earnings ratio is:

• A) 20.9.
• B) 4.2.
• C) 21.0.
• D) 24.0.
• E) 6.8.

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Definitions:

Type B Personality

A personality contrast to Type A, characterized by a more relaxed, patient, and stress-free approach to life and work.

Type D Personality

A disposition marked by high levels of negative emotions and social inhibition; "D" stands for "distressed."

Antigens

Substances, often proteins, on the surface of pathogens, foreign cells, or tissues that trigger an immune response in the body.

Bacteria

Microscopic, single-celled organisms found in diverse environments, some of which can cause diseases while others can be beneficial.