Multiple Choice
The number of shares of Biggie Corporation stock outstanding in 2013 was 100 million.In 2013,Biggie stock paid a dividend of $2.50 per share and its dividend yield was 2 percent.If the price-earnings ratio is 20,then Biggie's total earnings in 2013 amounted to
A) $15.6 million.
B) $250 million.
C) $160 million.
D) $625 million.
Correct Answer:
Verified
Correct Answer:
Verified
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