Multiple Choice
Carter's Books,Inc.has net income of $75,000 and a plowback ratio of 80 percent.There are 30,000 shares of stock outstanding at a market price of $25.50 a share.What is the price-earnings ratio?
A) 6.9
B) 8.2
C) 9.7
D) 10.2
E) 11.6
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: A firm has $4,500 of cash,equipment worth
Q8: Zonvier,Inc.has sales of $53,800,a profit margin of
Q10: For the year,Widgets Manufacturing,Inc.increased its current assets
Q13: A decrease in which one of the
Q14: A company has a price-earnings ratio of
Q30: Net income is equal to which one
Q44: Which one of the following is most
Q51: Which one of the following is used
Q54: How frequently do corporations file 10K reports
Q75: Sweet Tree Cookies has current net income