Sperle Corporation Has Provided the Following Data Concerning Its Stockholders

question 189

Multiple Choice

Sperle Corporation has provided the following data concerning its stockholders' equity accounts: Net income for Year 2 was $30,400. Dividends on common stock during Year 2 totaled $6,400. The market price of common stock at the end of Year 2 was $3.08 per share. The company's price-earnings ratio for Year 2 is closest to:

• A)0.38
• B)4.53
• C)5.70
• D)8.11

---

Definitions:

Successful Communication

The effective exchange of information where the intended message is accurately understood by the recipient.

Element of Persuasion

An element of persuasion is a component or technique used in communication to influence or convince others to accept a point of view, adopt a behavior, or make a decision.

Objective Description

A factual and unbiased presentation of information or characteristics without the influence of personal feelings or interpretations.

Resistance Expected

Anticipating opposition or pushback to a proposal, idea, or change, often considered in strategic planning.