Suppose the earnings per share of a stock is $2 and the current price/earnings (P/E) ratio is 10. What is the current price of the stock?
A. $5
B. $8
C. $20
D. $40
E. $35
Answer: C
You might also like to view...
________ is a type of information obtained in a questionnaire that includes name, address, e-mail address and phone number
A) Basic information B) Classification information C) Problem-solving information D) Identification information E) Phone book information
A potential disadvantage of the high-low method is that:
a. it can not be used when there are many observations. b. it uses only two data points, which may not be representative of normal conditions. c. it is too time-consuming. d. it requires many observations in order to be used. e. None of the answers are correct.
What is a major feature of the proposed concept of virtual cash?
Which of the following influenced the behaviors of Cintas employees?
a. Per-piece goals b. That managers ignored safety policies c. That other plants ignored safety policies d. All of the above