In 2012 Robert Corporation Had Net Income of $250,000 and Paid

question 104

Multiple Choice

In 2012 Robert Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. They had 50,000 shares of common stock outstanding during the entire year. Robert Corporation's common stock is selling for $50 per share on the New York Stock Exchange. Robert Corporation's price-earnings ratio is

• A) 10 times.
• B) 5 times.
• C) 2 times.
• D) 8 times.

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Definitions:

Token Economy

A system of behavior modification based on the systematic reinforcement of target behavior through the use of tokens that can be exchanged for other reinforcements.

Cognitive Therapy

A form of psychotherapy that focuses on changing unhelpful or destructive thought patterns in order to alter behavior and emotions.

Aversive Conditioning

A form of behavioral training in which an unpleasant or punitive stimulus is associated with undesirable behavior.

Progressive Relaxation

A technique involving tightening and then slowly relaxing each muscle group, aimed at reducing physical tension and promoting calmness.