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

question 58

Multiple Choice

Silas Corporation had net income of $200,000 and paid dividends to ordinary shareholders of $40,000 in 2011.The weighted average number of shares outstanding in 2011 was 50,000 shares.Silas Corporation's ordinary shares are 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:

Collectivism-societal

An orientation valuing the goals, well-being, and views of the group over those of the individual, prevalent in various cultures and societies.

Cohesiveness

The degree to which members of a group or team are united in pursuing common goals, leading to a sense of unity and loyalty.

GLOBE Model

An investigative framework focused on exploring how culture influences the efficacy of societies, organizations, and leadership globally.

Multi-billion Dollar Company

A company whose valuation or market capitalization exceeds several billion dollars, indicating substantial revenue and operational scale.