What is the market price of a share of stock for a firm that pays dividends of $1.20 per share, has a P/E of 14, and a dividend payout ratio of 0.4?
A) $16.80
B) $42
C) $3
D) $28
B
You might also like to view...
What are some of the costs associated with sourcing merchandise globally?
What will be an ideal response?
What is the operating expense percentage for the Hardware Department?
a. 54%; b. 49.6%; c. 27.8%; d. 20%; e. none of these
Mimi is redesigning the compensation mix at her organization to include more family-friendly benefits such as child and elder care. Mimi is working on the ________ portion of her organizational philosophy on compensation.
A. ability to pay B. types of compensation C. wage compression D. skill or competency-based pay E. None of the above
The life expectancy of a particular brand of tire is normally distributed with a mean of 40,000 and a standard deviation of 5,000 miles. What is the probability that a randomly selected tire will have a life of exactly 42,500 miles?
A. 0.0000 B. 1.0000 C. 0.5000 D. 0.9500