Over the last year, a firm's earnings per share increased from $1.20 to $1.40, its dividends per share increased from $0.50 to $0.60, and its share price increased from $21 to $24
The firm maintained a relative P/E of 1.10 over the entire time period. Given this information, it follows that the
A) stock experienced an increase in its P/E ratio.
B) company had a decrease in its dividend payout ratio.
C) current P/E of the overall market is 26.4.
D) overall market P/E is declining.
Answer: D
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A) Value selling B) Conditional sale C) Advertising D) Sales promotion E) Benchmarking
Carbohydrates are divided into which two groups?
The steps taken to move and store a product from the supplier stage to a customer stage in the supply chain are referred to as
A) transportation. B) retailing. C) wholesaling. D) distribution.
[The following information applies to the questions displayed below.] Riley Company borrowed $36,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 7% annual interest rate. Riley earned cash revenues of $1,700 during Year 1 and $1,400 during Year 2. Assume no other transactions.Based on this information alone, what are the amounts of total liabilities that would appear on Riley's December 31 balance sheets for Year 1 and Year 2, respectively?
A. $37,890 and $0 B. $37,890 and $38,520 C. $1,890 and $630 D. $36,000 and $0