A company had a market price of $27.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price-earnings ratio equals:
A. 22.0.
B. 3.3.
C. 93.8.
D. 3.1.
E. 32.0.
Answer: A
You might also like to view...
__________promotion is designed to stimulate a purchase or an action
Fill in the blanks with correct word.
On January 1, Year 1, Rickson Corporation purchased 7,500 shares of AutoTech as an equity method investment for a total of $235,000. The 7,500 shares represent 30% of the outstanding (25,000) shares of AutoTech. Prepare the journal entries for Rickson to record the following transactions and events:Dec. 31, Year 1:AutoTech reported net income of $66,000 for Year 2.Feb. 1, Year 2:Sold 1,875 of the AutoTech shares for $33 per share. ??Nov. 1, Year 2:Rickson received a $0.90 per share cash dividend from AutoTech.Dec. 31, Year 2:AutoTech reported net loss of $46,000 for Year 2.
What will be an ideal response?
Examples of increased regulatory pressure on banks include ______.
a. maintaining more solidity b. restricting loans to more credit-worthy borrowers c. increased competition from microlending d. more supervision by the ISO
What are the assumptions of the exponential distribution applied to the single server queuing situation? Provide examples of when these assumptions might be violated
What will be an ideal response?