Dooley Corporation Had Net Income of $200,000 and Paid Dividends

question 177

Multiple Choice

Dooley Corporation had net income of $200,000 and paid dividends to ordinary shareholders of $40,000 in 2014. The weighted average number of shares outstanding in 2014 was 50,000 shares. Dooley Corporation's ordinary shares are selling for $35 per share Dooley Corporation's price-earnings ratio is

• A) 5 times.
• B) 8.8 times.
• C) 4 times.
• D) 10.9 times.

---

Definitions:

Socially Stigmatized

Being disapproved of or discriminated against by society based on certain characteristics or behaviors.

Masturbation

The self-stimulation of one's own genitals for sexual pleasure, which can be a normal part of sexual exploration.

Older Adults

Individuals typically defined as being in the later stages of life, often considered to be those ages 65 and older.

Mate Poaching

A deliberate effort to lure a person who is already in a relationship to a brief or long-term relationship with oneself.