Multiple Choice
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.
Correct Answer:
Verified
Correct Answer:
Verified
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