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:

Lie-Detector Test

A test using a polygraph machine to measure physiological responses that are believed to indicate lying.

Polygraph

A device that measures and records several physiological indicators such as blood pressure, pulse, and perspiration while the subject is asked questions, purported to indicate lying.

Innocent Person

An individual who has not committed the crime or offense they are accused of.

Guilty Person

An individual who has committed a crime or a wrongful act, or who believes themselves to have done so.