BVI Corporation Had Net Income of $1,600,000 and Paid Dividends

question 41

Multiple Choice

BVI Corporation had net income of $1,600,000 and paid dividends to common stockholders of $400,000 in 2017. The weighted average number of shares outstanding in 2017 was 500,000 shares. BVI Corporation's common stock is selling for $40 per share on the NASDAQ. BVI Corporation's price-earnings ratio is

• A) 3.2 times.
• B) 12.5 times.
• C) 8 times.
• D) 4 times.

---

Definitions:

Court Artists

Artists who are specifically commissioned by royalty or nobility to create artworks that document and glorify the life and achievements of the court.

Han Pictorial Style

Refers to the artistic style of the Han dynasty in China, characterized by intricate designs, motifs in tombs and artifacts, and themes of mythology and everyday life.

Rhythmic Contours

The use of flowing, dynamic lines to create a sense of movement and rhythm in visual art, often used to enhance the aesthetic appeal of artwork.

Linear Perspective

A technique in art used to create the illusion of depth and volume on a flat surface by delineating a single point of view.