Multiple Choice
In 2013,XYZ Corporation had total earnings of $500 million and XYZ retained 20 percent of its earnings for future investments.If the price of a share of XYZ stock is $70 and if 100 million shares of its stock is outstanding,then what is the price-earnings ratio?
A) 6.25
B) 11.2
C) 14.0
D) 17.5
Correct Answer:
Verified
Correct Answer:
Verified
Q13: You are thinking of buying a bond
Q167: By definition,equity finance<br>A)is accomplished when units of
Q170: Which of the following is correct?<br>A)Some bonds
Q171: Mallard Corporation had a price-earnings ratio of
Q172: The length of time until a bond
Q173: On which of these bonds is the
Q174: The sale of stocks<br>A)and bonds to raise
Q177: Historically,the typical price-earnings ratio for stocks is
Q181: You hold bonds issued by the city
Q185: As an alternative to selling shares of