Shown below is a correlation table showing correlation coefficients between stock price, earnings per share (EPS), and the price/earnings (P/E) ratio for a sample of 19 publicly traded companies. 
a. What is the correlation between stock price and EPS? Interpret.
b. What is the correlation between stock price and P/E? Interpret.
c. What is the correlation between EPS and P/E? Interpret.
Definitions:
Worldwide Percentage
A measure or portion that represents a part of a total globally, expressed as a percentage.
Business Failures
Situations where companies cease operations due to their inability to make a profit or manage financial obligations.
Poor Management
Refers to ineffective or inefficient leadership and organizational practices that can result in a lack of direction, low employee morale, and ultimately, failure to achieve objectives.
Financial Capital
Economic resources measured in terms of money used by businesses and individuals to fund their operations and investments.
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