Financial Information for Retro Designs Includes the Following Selected Data

question 90

Multiple Choice

Financial information for Retro Designs includes the following selected data: $\begin{array}{lr}\text { Net income (in millions) } & \$ 145 \\\text { Preferred stock dividends (in millions) } & \$ 25 \\\text { Shares outstanding (in millions) } & 240 \\\text { Stock price } & \$ 10.00\end{array}$ What is the company's price-earnings ratio?

• A) 20.0.
• B) 15.0.
• C) 6.9.
• D) 0.05.

Comprehend that cost estimating can be adjusted based on project complexity.

Acknowledge the need to review the estimating method when estimates are rarely exceeded.

Understand that an activity can have costs from multiple vendors.

Grasp the differences in estimating methods across project phases.

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Definitions:

Null Hypothesis

A statement used in statistics that proposes there is no significant difference or relationship between specified populations, any observed difference being due to sampling or experimental error.

Scientific Hypothesis

A testable prediction about the relationship between two or more variables, forming the basis for an experiment or observational study.

Observations

The act of watching carefully with attention to details for the purpose of gathering data.

Experiment

A scientific procedure undertaken to test a hypothesis by manipulating and measuring variables to observe the effect.