A Company Had a Market Price of $27

question 129

Multiple Choice

A company had a market price of $27.50 per share, earnings per share of $1.25, and dividends per share of $0.40. Its price-earnings ratio equals:

• A) 32.0.
• B) 3.1.
• C) 93.8.
• D) 3.3.
• E) 22.0.

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Definitions:

Federal Unemployment Taxes

Taxes paid by employers to fund the federal government's oversight of the state unemployment insurance programs.

State Unemployment Taxes

Taxes imposed by state governments on employers to fund unemployment compensation programs for workers who have lost their jobs.

State Unemployment

A form of government insurance for the unemployed, funded by both employers and the government, which provides temporary financial assistance.

Federal Unemployment Taxes

Federal Unemployment Taxes are levied by the federal government to fund the unemployment benefits and services provided to workers who have lost their jobs.