Zolt inc. (zolt) stock is selling for $8.22 per share with an eps of .45 cents per share. what is zolt's pe ratio? (round to nearest tenth.)

rev: 09_19_2013_qc_35406

18.3

19.5

8.3

20.0

none of these

18.3 ( when EPS is 45 cents), otherwise there is none of these

Step-by-step explanation:

PE = Current Price / EPS

current Price = $ 8.22 = 822 cents

EPS = .45 cents (?) ... is it 45 cents ?

if it is 45 cents : PE = 822 / 45 = 18.26 ≈ 18.3

you have orange juice on wednesday. (idk why this is the answer)

step-by-step explanation:

hello!

to begin with, we're given that on earth, a rock weighs 20 pounds, and while on jupiter, that same rock weighs 42 pounds. now, we're trying to find the weight of a rock that weighs 10.5 pounds on earth, on jupiter.

to solve this, first, set up a proportion, cross-multiply, and solve it algebraically.

setting up the proportion is the hardest and the most confusing part of the problem, but it's simple.

if on earth, the rock weighs 20 lbs, and on jupiter it weighs 42 lbs, our first part of our proportion is 20/42 lbs. the second part has to be equal to each other. this means that 10.5 has to be on the numerator of the fraction, and x, the value we're trying to find, has to be on the denominator. remember that the rock weighs 10.5 lbs on earth, and we're trying to find the weight of it on jupiter (which is x).

20/42 = 10.5/x

next, you would cross-multiply.

20x = 42(10.5)

20x = 441

now, solve it algebraically by using division.

x = 22.05 lbs

this can be rounded to 22.1 lbs.

therefore, the weight of the rock on jupiter is 22.1 lbs, the fourth choice.