A Company Had a Market Price of $83

question 105

Multiple Choice

A company had a market price of $83.12 per share,dividends per share of $5.40,and earnings per share of $4.87.Its price-earnings ratio is equal to:

• A)0.056.
• B)0.065.
• C)8.09.
• D)15.39.
• E)17.07.

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Definitions:

Parliamentary Supremacy

The principle that Parliament has the highest legal authority within its jurisdiction and that its enactments cannot be overruled by any other body.

Canada

Canada is a country located in the northern part of North America, known for its vast landscapes, multicultural population, and as a member of the Commonwealth.

Common-law System

A legal system characterized by judicial precedent and the principle that similar cases should be decided in a similar way.

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Law that deals with the rights and duties of people and the substance of legal claims, as opposed to procedural law.