Crestar Company reported net income of $112,000 on 20,000 average outstanding common shares. Preferred dividends total $12,000. On the most recent trading day, the preferred shares sold at $50 and the common shares sold at $95. What is this company's current price-earnings ratio?
A. 19
B. 20
C. 17
D. None of these answers is correct.
Answer: A
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a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. For project teams, role problems often appear to worsen near the end of the project. 2. Social loafing is more likely to occur when tasks are challenging. 3. Transactive memory and mental models are one and the same. 4. Group cohesion can reduce stress of members. 5. Task-related behaviors are more important than social behaviors in a team.
A company's inventory records report the following in November of the current year: BeginningNovember 15 units @ $20PurchaseNovember 210 units @ $22PurchaseNovember 126 units @ $25On November 8, it sold 12 units for $54 each. Using the LIFO perpetual inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold?
A. $254 B. $210 C. $188 D. $282 E. $260
An investor bought a 9% bond at 88 . Compute the current yield. (Round answer to two decimal places.)