A Company Has Net Income of $90,000; Its Weighted-Average Common

question 228

Multiple Choice

A company has net income of $90,000; its weighted-average common shares outstanding are 18,000.Its dividend per share is $0.45,its market price per share is $88,and its book value per share is $76.Its price-earnings ratio equals:

• A)9.0.
• B)17.6.
• C)12.5.
• D)15.2.
• E)16.9.

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Definitions:

Pairs

Two things that are identical or similar in form, design, or function, often used together.

Receptor Sites

Specific locations on the surface of a cell or within a cell where molecules, such as hormones or neurotransmitters, can bind to initiate a cellular response.

Neurotransmitter Molecules

Chemical substances that transmit signals across a chemical synapse from one neuron (nerve cell) to another 'target' neuron, muscle cell, or gland cell.

Dendrites

The branched projections of a neuron that act to conduct the electrochemical stimulation received from other neural cells to the body, or soma, of the neuron.