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The closing price of a stock is quoted at 2 2 . 8 8 , with a P / E of 2 6 and a

The closing price of a stock is quoted at 22.88, with a P/E of 26 and a net change of 1.42. Based on this information, which one of the following?statements is correctThe closing price on the previous day was $1.42 higher than today's closing price. OThe earnings per share have increased by $1.42 this year. OThe earnings per share are equal to about $0.88A dealer will buy the stock at $22.87 and sell it at 526 a share.The stock increased in value between yesterday's close and today's close by $.0142. O

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