A company had a market price of $39.20 per share, earnings per share of $2.10, and dividends per share of $1.25. Its price-earnings ratio equals:
A. 24.7.
B. 20.7.
C. 16.6.
D. 21.9.
E. 18.7.
Answer: E
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The Walt Disney Company's decision to build a theme park in France provides an excellent vehicle to understanding SRC (Self-Reference Criterion). All of the statements listed below portray this meaning except:
A) Disney executives believed there is virtually unlimited demand for American cultural exports. B) French are sensitive about American cultural imperialism. C) Consuming wine with the midday meal is a long-established custom which was not realized by Disney executives. D) Disney executives were blinded by their prior success and ethnocentrism. E) The SRC can be a powerful negative force in global business.
What are the performance standards required for interim review engagements on the quarterly financial information of public companies?
a. Statements on Standards for Accounting and Review Services. b. Standards of the Public Company Accounting Oversight Board. c. Statements on Reviews for Public Registrants and Securities Acts. d. Standards set by the Public Oversight Board of the Enforcement Division of the SEC.
Failure to make interest payments on debt can force a company into bankruptcy
Indicate whether the statement is true or false
________ is a clause in an international contract that designates which nation's court has jurisdiction to hear a case arising out of the contract
A) A forum-selection clause B) The Treaty Clause C) The Foreign Commerce Clause D) A choice of law clause