The Following Information Was Collected for Dillard's , Inc

question 35

Multiple Choice

The following information was collected for Dillard's , Inc.: Shares outstanding are 75.17 million and the close price per share on February 6, 2008 was $18.37. Calculate the appropriate Price/Sales ratio to use for Dillard's in February 2008.

• A)1.77
• B)3.25
• C)5.49
• D)0.18

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Definitions:

Endosperm

The part of a seed that acts as a food store for the developing plant embryo, usually rich in starches, oils, and proteins.

Apical Dominance

A growth pattern in plants where the main, central stem grows more vigorously than the other side stems, which are suppressed.

Cytokinin

Plant hormone that promotes cell division in shoot apical meristem and cell differentiation in root apical meristem. Often opposes auxin’s effects.