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

question 176

Multiple Choice

Silas Corporation had net income of $200,000 and paid dividends to common stockholders of $40,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000 shares. Silas Corporation's common stock is selling for $60 per share on the New York Stock Exchange. Silas Corporation's price-earnings ratio is

• A) 3.8 times.
• B) 15 times.
• C) 18.8 times.
• D) 6 times.

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Definitions:

Resistant Children

Kids who exhibit opposition or non-compliance to authority figures or guidelines, often as a part of their developmental process.

Distress

A negative stress response characterized by anxiety, sorrow, and pain, which can affect one's physical, mental, and emotional well-being.

Emotional

Pertaining to feelings or states of mind that are a response to situations, events, or interactions.

Autistic

Relating to or characterized by autism, a developmental disorder that impacts communication, behavior, and social interaction in varying degrees.