The closing price of a stock is quoted at 32.08, with a PE of 21 and a net change of .36. Based on this information, which one of the following statements is correct?
A) The closing price on the previous day was $.36 higher than today's closing price.
B) A dealer will buy the stock at $32.08 and sell it at $32.44 a share.
C) The current earnings per share equal $32.08/21 + $.36.
D) The current stock price is equivalent to 21 years of the firm's current earnings per share.
E) The earnings per share have increased by $.36 this year.
D) The current stock price is equivalent to 21 years of the firm's current earnings per share.
You might also like to view...
A holographic will is an oral will.
Answer the following statement true (T) or false (F)
Why has the effectiveness of trade shows been debated in recent years?
What will be an ideal response?
One reason females face impediments to the leadership domain is ______.
A. Incongruity between the leadership role and the female gender role B. Women are not in the workplace pipeline to a large enough volume C. Women have been shown to be less effective leaders compared to men D. Women are less committed to their jobs than men are
Libel committed by a business can result in a lawsuit that asks the business to pay:
A) personal injury damages B) bodily injury damages C) loss of consortium damages D) dram shop benefits