Favorita candy's stock is expected to earn $2.70 per share this year. it's p/e ratio is 21. what price is the stock price?

$56.7

Step-by-step explanation:

Given

Earning per share=E=$2.70

P/E  Ratio=21

The formula for P/E ratio is :

P/E  Ratio=Price/Earning

Where Price is the price of share in stock and earning the amount earned on one share.

Putting the values of Earning and P/E ratio in the formula

21=Price/2.70

21*2.70=Price

Price=$56.7

So the stock price is $56.7..

we'll this would mean that the dunk tank and the bounce house are the same for 20 hours because the 2 represents that the two activities, and the 20 represents the amount of hours they both are. so with this said, it means that the answer is c. the costs for a dunk tank and bounce house are the same for 20 hours.

c.the costs for a dunk tank and bounce house are the same for 20 hours.

hope this .

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of