Multiple Choice
A company has earnings per share net income of $90,000;its weighted-average common shares outstanding are 18,000.Its dividend per share is $0.45,its market price per share is $88,and its book value per share is $76.Its price-earnings ratio equals:
A) 9.0.
B) 17.6.
C) 12.5.
D) 15.2.
E) 16.9.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The board of directors of a corporation:<br>A)
Q19: The price-earnings ratio is calculated by dividing:<br>A)
Q72: The declaration of cash dividends increases retained
Q81: The right of common shareholders to purchase
Q82: A corporation declared and issued a 15%
Q83: Wiggins Company has 1,000 shares of $10
Q85: The costs of bringing a corporation into
Q88: Book value per common share is computed
Q90: Cactus Joe Corporation reported stockholders' equity on
Q174: A stock dividend decreases the market price