Thomas Publishing Has a Share Price of $28,retained Earnings of $0.60

question 118

Multiple Choice

Thomas Publishing has a share price of $28,retained earnings of $0.60 per share,and a dividend yield of 5 percent.What is its price-earnings ratio?

• A) 24
• B) 16
• C) 14
• D) 12

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Definitions:

Digital Audio Workstation

A software application used for recording, editing, and producing audio files.

MIDI File

A digital file format that stores music data, such as notes, timing, and instrument information, allowing electronic musical instruments and computers to interact.

Custom Installation

The process of installing only those features of a software program that a user wants on the hard drive.

Data Category

A classification of data based on shared characteristics, making data management more efficient.