In 2015,Voyage Company Had Earnings Per Share of $45 and Paid

question 45

Multiple Choice

In 2015,Voyage Company had earnings per share of $45 and paid a dividend of $15 per share.The dividend yield was 8%.The book value per share is $100.The price-earnings (P/E) ratio was:

• A) 4.167
• B) 3.0000
• C) 0.3333
• D) 0.1500

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Definitions:

Transformational Leadership

A style of leadership where the leader works with teams or followers to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.

Contingent Reward

A leadership approach where rewards are given based on the performance and achievement of specific criteria or goals by the followers.

Transformational Leadership Factors

Elements that contribute to transformational leadership, including inspirational motivation, individualized consideration, intellectual stimulation, and idealized influence.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, characterized by the leader working with teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of the group.