Perez Electronics Corp

question 100

Multiple Choice

Perez Electronics Corp. has reported that its net income for 2006 is $1,276,351. The firm has 420,000 shares outstanding and a PE ratio of 11.2 times. What is the firm's share price? Round your intermediate and final answer to two decimal places.

• A) $34.05
• B) $3.68
• C) $11.20
• D) $36.80

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Definitions:

Continuous Tasks

Tasks that run uninterrupted within a system, often requiring real-time processing and immediate response.

Periodic Tasks

Tasks that are scheduled to run at regular intervals in a computing environment.

Tasks

Discrete actions or operations that need to be performed, often as part of a larger project or process.

Programs

Sequences of instructions written in programming languages that are executed by computers or other devices to perform specific tasks.