单选题 Questions refer to the following graphs.
SALES AND EARNINGS OF COMPANY X
单选题 If at the end of 1973 Company X sold 30,000 shares of common stock for 35 times Company X'S earning for the year, what was the price of a share of common stock at that time?
【正确答案】 A
【答案解析】[解析] 考生解答该题的关键是对“sell…for…”短语的理解,for后面接的词语多表示买进或卖出的价钱,如果能建立这种观念,本题就迎刃而解。根据Earnings图,可以找到X公司在1973年的赢利是$6,000,所以每股普通股的价钱[*]
单选题 If Company X considered a good year to be any year in which earnings were at least 20 percent of sales,how many of the years shown were good years?
【正确答案】 C
【答案解析】[解析] 该题是要找出对应的年份赢利(Earnings)与销售(Sales)的比值,经过简单计算,发现只有1973和1974两个年头满足要求。