Putman Corporation Reported Income from Continuing Operations of $58,000 and Net

Multiple Choice

Putman Corporation reported income from continuing operations of $58,000 and net income of $65,000. Putman had 200,000 shares of $2.00 par value common stock outstanding for the year. The capitalization rate is 12%. The appropriate investment decision should be to:

A) sell the stock.
B) buy the stock.
C) hold the stock.
D) obtain additional information before making a decision.