Suppose the EPS of Walmart Stock Is $2,and the Current

question 177

Multiple Choice

Suppose the EPS of Walmart stock is $2,and the current price per earnings ratio is 10.What is the current price of Walmart stock?

• A)$5
• B)$8
• C)$20
• D)$40
• E)Cannot compute with given information.

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Definitions:

Dividends Per Share

The total amount of dividends declared by a company for each share of stock held.

Fiscal Year

A one-year period used for financial reporting and budgeting that may not align with the calendar year.

Cash Dividend

A distribution of profits by a corporation to its shareholders in the form of cash.

Stockholders Of Record

Individuals or entities that are officially recorded as owning shares of a company at a specific point in time.