The market price per share of Zinc Corporation is $145, and earnings per share is $20. What is the price/earnings ratio of Zinc Corporation?
A. 10.25
B. 7.25
C. 2.25
D. 12.36
E. 15.00
Answer: B
You might also like to view...
Budgets for product placements and branded entertainment have increased for the following reasons, except:
A) a brand's appeal is stronger when it is shown in a nonadvertising context B) the perception of what others think of a brand is important to consumers C) seeing brands used in movies and television shows intensifies the desire to purchase the brand D) seeing the brand used by other people provides postpurchase reassurance for individuals who have already purchased the brand
If in the current year a purchase was not recorded but the purchased item was included in ending physical inventory, which one of the following situations occurs for the current year?
A) Working capital is understated, and net income is overstated. B) Working capital and net income are understated. C) Working capital is overstated, and net income is understated. D) Working capital and net income are overstated.
Which of the following is true of career services centers??
A) ?They assist students in preparing electronic portfolios to supplement their résumés. B) ?They specialize in providing temporary employees to companies and might be able to place a candidate in a position on a temporary basis until he or she finds a full-time job. C) ?They increase efficiency of processing the volume of résumés received in a competitive market. D) ?They increase your opportunities of developing rapport with peers and professors and gain an edge over less-involved applicants.
Before setting prices for a firm’s products, management must decide what it expects to accomplish through pricing. Which of these is the most fundamental purpose?
a. market share b. profit c. return on investment d. survival e. status quo