Grogan Inc

question 45

Multiple Choice

Grogan Inc. Grogan Inc. had the following information available from its 2011 and 2012 financial statements:
Refer to the Grogan Inc. information above. Grogan had an average of 7,000 shares of common stock outstanding during 2012. At the end of the year, the market price per share was $100. The company's price earnings (P/E) ratio for 2012 is: (round to two decimal places)

• A) 9.62 to 1.
• B) 6.67 to 1.
• C) 14.66 to 1.
• D) 19.44 to 1.

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Definitions:

Community of Practice

A group of people who share a common interest or profession and learn from each other through regular interaction, enhancing skills and knowledge.

Knowledge Organization

The process of categorizing, structuring, and managing information or knowledge in a way that makes it easily accessible and useful.

Intranet

A private network accessible only to an organization's staff, often used to share information and computing resources within the organization.

Work Effectively

The ability to achieve desired outcomes efficiently, often through proper planning, organization, and execution of tasks.