The Market-Capitalization Rate on the Stock of Flexsteel Company Is

question 11

Multiple Choice

The market-capitalization rate on the stock of Flexsteel Company is 12%.The expected ROE is 13%, and the expected EPS are $3.60.If the firm's plowback ratio is 50%, the P/E ratio will be

• A)7.69.
• B)8.33.
• C)9.09.
• D)11.11.

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Definitions:

Ovaries

Female reproductive organs that produce eggs (ova) and secrete hormones such as estrogen and progesterone.

Intersex

When a person experiences conflicting or ambiguous aspects of biological sex.

Ambisexuality

A sexual orientation characterized by attraction to people of more than one gender; similar to bisexuality but may emphasize the aspect of attraction regardless of gender.

Secondary Sex Characteristics

Secondary sex characteristics are features that distinguish the two sexes of a species, but are not directly involved in reproduction, such as breast development in females and facial hair in males.