Question
A stock quote shows a last price of 32.13, a P/E of 17, and a net change of -.23. Based on this information, which one
A stock quote shows a last price of 32.13, a P/E of 17, and a net change of -.23. Based on this information, which one of the following statements is correct?
The closing price on the previous trading day was $.23 lower than today's closing price.
A dealer can purchase the stock for $.23 less than an investor can.
The earnings per share decreased by $.23 a share this year.
The earnings per share have increased by 17 percent this year.
The earnings per share are equal to 1/17th of $32.13.
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
