Franklin Corporation Reported Net Income of $75,000 in 2016

question 66

Multiple Choice

Franklin Corporation reported net income of $75,000 in 2016.The company had 100,000 shares of $12 par value common stock outstanding and a market price of $18 per share.Franklin's price-earnings ratio was

• A)2.4:1
• B)24:1
• C)16.6:1
• D)1.5:1

Understand the concepts of fixed-ratio, fixed-interval, variable-ratio, and variable-interval schedules of reinforcement.

Comprehend the significance of discriminative stimuli in operant conditioning.

Identify misconceptions about behavior modification techniques and the views of B. F. Skinner.

Understand the concept of latent learning as introduced by Edward Tolman.