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(a) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.)

(a) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.)

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Recall that the PE ratio is the ratio of the price per share to the earnings per share, including earnings from the past 4 quarters. Compute the PE ratios of the following companies. (a) The share price is $11.04 and the earnings per share is $0.64. (b) The share price is $33.75, there are 1.5 billion shares, and the company made $3.75 billion in profit over the past 12 months. (c) The share price is $452.76, and over each of the past 4 quarters, the company made $2.27, $1.59, $1.85, and $2.29 in earnings per share. (a) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.) (b) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.) (c) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.)
Transcribed Image Text:Recall that the PE ratio is the ratio of the price per share to the earnings per share, including earnings from the past 4 quarters. Compute the PE ratios of the following companies. (a) The share price is $11.04 and the earnings per share is $0.64. (b) The share price is $33.75, there are 1.5 billion shares, and the company made $3.75 billion in profit over the past 12 months. (c) The share price is $452.76, and over each of the past 4 quarters, the company made $2.27, $1.59, $1.85, and $2.29 in earnings per share. (a) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.) (b) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.) (c) The PE ratio is approximately (Simplify your answer. Round to one decimal place as needed.)
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