Song Corp's Stock Price at the End of Last Year

question 94

Multiple Choice

Song Corp's stock price at the end of last year was $16.75 and its earnings per share for the year were $1.30.What was its P/E ratio?

• A) 9.79
• B) 11.98
• C) 14.82
• D) 12.88
• E) 15.72

---

Definitions:

Consolidation

The process by which a long-term memory becomes durable and relatively stable.

Repression

A defense mechanism where unwanted thoughts or memories are unconsciously pushed out of awareness.

Retrieve Information

The process of recalling or accessing stored information from memory.

Recall

The mental process of retrieving information from the past, which can vary in accuracy and detail.