Over the last 5 years, Spencer Inc.'s earnings have grown at an annual average rate of 9%. Current EPS are $1.80 and the company's stock recently sold for $36 per share. Spencer's PEG ratio is
A) .05
B) 20
C) 2.22
D) 222.22
Answer: C
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Patricia wants to invest a sum of money today that will yield $10,000 at the end of 6 years. Assuming she can earn an interest rate of 6% compounded annually, how much must she invest today? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)
A) $7,050 B) $9,400 C) $6,000 D) $8,836 E) $8,306
Which of the following statements is true of nontariff barriers?
A. They are government payments to international firms. B. They are restrictions on the quantity of goods exported. C. They can discourage imports by means of subsidies. D. They tend to encourage imports over exports.
Downscoping represents a reduction in the number of a firm's employees and sometimes in the number of its operating units, but it may or may not represent a change in the composition of businesses in the corporation's portfolio
Indicate whether the statement is true or false
All of the following groups would be eligible for group insurance EXCEPT
A) an employer-employee group B) a labor union C) a family of 10 D) a trade association