(Ch 4) Assume VERIZON stock is trading today at $53.00 per share. Their Net Income available to
common shareholders is $17.8 Billion, and they have 4.07 Billion Common Shares Outstanding.
Respectively, what are their approximate "Earnings-per-Share," and their approximate "Price-to-
Earnings Ratio" as reviewed in class? Select the closest possible answers to your solutions.
$4.37 Earnings-per-Share; and 12.13 P/E Ratio
$5.24 Earnings-per-Share; and 17.48 P/E Ratio
$4.95 Earnings-per-Share; and 18.72 P/E Ratio
$5.02 Earnings-per-Share; and 11.78 P/E Ratio
