Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Finra Exam Series-7 Topic 2 Question 107 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 107
Topic #: 2
[All Series-7 Questions]

A stock with a current P/E of 17 is selling at $74.50 per share.

What are the company's earnings in the trailing 12 months?

Show Suggested Answer Hide Answer
Suggested Answer: A

about $4.28. Divide the market price by the P/E.


by Kaycee at Feb 06, 2025, 01:16 PM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Kent
1 months ago
Alright, let's think this through logically. If the stock price is $74.50 and the P/E ratio is 17, then the earnings must be about $4.28. Option A is the way to go, my dudes.
upvoted 0 times
...
Santos
2 months ago
Woah, hold on, are we forgetting the most important factor here? The stock price is $74.50, which is a totally random number. Clearly, this is a question designed to make us all look like fools. Option D it is!
upvoted 0 times
Ronald
20 days ago
Yeah, it's definitely a trick question. Option D is the only logical answer.
upvoted 0 times
...
Dannie
25 days ago
I agree, the stock price seems arbitrary. Option D is the safest choice.
upvoted 0 times
...
...
Larae
2 months ago
I'm not sure, but I think it's D) impossible to calculate from this information.
upvoted 0 times
...
Ammie
2 months ago
I don't know, guys. This seems a bit too easy. What if the company has been cooking the books? Option C, $1.70, could be the real answer. You never know these days.
upvoted 0 times
...
Cherelle
2 months ago
Hold up, I'm not buying it. This information is not enough to calculate the earnings. It's gotta be option D. Trick question, am I right?
upvoted 0 times
Dottie
17 days ago
Definitely a tricky one, but I'm going with option D as well.
upvoted 0 times
...
Bok
18 days ago
I think we're all on the same page here, option D it is.
upvoted 0 times
...
Marget
19 days ago
Yeah, without more information, it's impossible to calculate the earnings.
upvoted 0 times
...
Georgene
20 days ago
I agree, it seems like a trick question. Option D is the safest bet.
upvoted 0 times
...
...
Monte
2 months ago
I agree with Eladia, the P/E ratio is 17 so earnings should be around $4.28.
upvoted 0 times
...
Irving
2 months ago
Nah, man, that can't be right. With a P/E of 17 and a stock price of $74.50, the earnings have got to be at least $6.20. Option B all the way!
upvoted 0 times
Fabiola
20 days ago
Option B it is then, $6.20 earnings in the trailing 12 months.
upvoted 0 times
...
Ailene
1 months ago
Definitely, the P/E ratio and stock price point to earnings of $6.20.
upvoted 0 times
...
Gearldine
1 months ago
Yeah, I agree. Option B seems like the right choice.
upvoted 0 times
...
Laura
1 months ago
I think the earnings must be around $6.20.
upvoted 0 times
...
...
Eladia
2 months ago
I think the answer is A) about $4.28.
upvoted 0 times
...
Henriette
2 months ago
Hmm, let's see. The P/E ratio is 17, and the stock price is $74.50. Okay, I'm thinking option A, about $4.28, seems like the right answer here.
upvoted 0 times
Huey
2 months ago
Yes, the company's earnings in the trailing 12 months would be about $4.28 with a P/E ratio of 17 and a stock price of $74.50.
upvoted 0 times
...
Leigha
2 months ago
I agree, option A, about $4.28, seems to be the correct answer based on the information given.
upvoted 0 times
...
...

Save Cancel