A Stock Listing Contains the Following Information: P/E 17

question 87

Multiple Choice

A stock listing contains the following information: P/E 17.5,closing price 33.10,dividend .80,YTD% chg 3.4,and net chg of -.50.Which of the following statements are correct given this information?
I.The stock price has increased by 3.4% during the current year.
II.The closing price on the previous trading day was $32.60.
III.The earnings per share are approximately $1.89.
IV.The current yield is 17.5%.

• A)I and II only
• B)I and III only
• C)II and III only
• D)III and IV only
• E)I, III, and IV only

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Definitions:

Travel Expenses

Costs associated with traveling for the purpose of conducting business-related activities.

Customers Served

The total number of customers who have been provided with a product or service.

Spending Variance

The variance between the anticipated budget for expenses and the actual expenditure incurred.

Net Operating Income

The profit generated from a company's everyday business operations, excluding expenses and revenues from non-operational activities.