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The Following Information Pertains to Jasmin Corporation

question 58

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The following information pertains to Jasmin Corporation.Assume that all balance sheet amounts represent both average and ending figures. The following information pertains to Jasmin Corporation.Assume that all balance sheet amounts represent both average and ending figures.     Jasmin Corporation had 6,000 shares of common stock issued and outstanding.The market price of Jasmin common stock on December 31,2013,was $20.Jasmin paid dividends of $0.90 per share during 2013. What is the price/earnings (P/E) ratio for this corporation? A)  6.2 times B)  7.2 times C)  8.2 times D)  9.7 times The following information pertains to Jasmin Corporation.Assume that all balance sheet amounts represent both average and ending figures.     Jasmin Corporation had 6,000 shares of common stock issued and outstanding.The market price of Jasmin common stock on December 31,2013,was $20.Jasmin paid dividends of $0.90 per share during 2013. What is the price/earnings (P/E) ratio for this corporation? A)  6.2 times B)  7.2 times C)  8.2 times D)  9.7 times Jasmin Corporation had 6,000 shares of common stock issued and outstanding.The market price of Jasmin common stock on December 31,2013,was $20.Jasmin paid dividends of $0.90 per share during 2013.
What is the price/earnings (P/E) ratio for this corporation?

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Definitions:

Type A Personality

A temperament characterized by high levels of ambition, aggression, competitiveness, drive, impatience, need for control, focus on time management, and stress.

External Locus

An individual's belief that external forces, beyond their personal control, have a significant impact on their life events and outcomes.

Experience Stress

The emotional or physical strain experienced as a response to challenging or demanding situations.

Cope Effectively

The ability to manage stressful situations or challenges in a way that minimizes negative outcomes and maximizes positive, healthy results.

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