Stock in Creole Cuisine Restaurants is selling at $25 per share. Creole Cuisine had earnings of $5 a share and a dividend yield of 5 percent. The dividend is
a. $0.25 and the price-earnings ratio is 5.
b. $.25 and the price-earnings ratio is 6.7.
c. $1.25 and the price-earnings ratio is 5.
d. $1.25 and the price-earnings ratio is 6.7.
c
You might also like to view...
Opportunity cost exists because
A) of scarcity. B) prices must adjust to eliminate shortages. C) production could not occur without the opportunity cost of using resources. D) the value of economic goods is positive while the value of goods is zero.
Suppose that the cost of living is 25 percent higher in Chicago than in Indianapolis. If wages in Chicago are 10 percent higher on average than wages in Indianapolis, then eventually the labor supply will
a. fall in Indianapolis, increasing the average wage there b. fall in Chicago, increasing the average wage there c. rise in Indianapolis, increasing the average wage there d. rise in Chicago, decreasing the average wage there e. fall in Indianapolis, decreasing the average wage there
Suppose businesses in general believe that the economy is likely to head into recession and so they reduce capital purchases. Their reaction would initially shift
a. aggregate demand right. b. aggregate demand left. c. aggregate supply right. d. aggregate supply left.
An important economic problem associated with pure monopoly is that, at the profit- maximizing outputs, resources are:
A. overallocated because price exceeds marginal cost. B. overallocated because marginal cost exceeds price. C. underallocated because price exceeds marginal cost. D. underallocated because marginal cost exceeds price.