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Digital Publishing Has a Share Price of $28, Retained Earnings

question 349

Multiple Choice

Digital Publishing has a share price of $28, retained earnings of $0.60 per share, and a dividend yield of 5 percent. What is Digital's price-earnings ratio?

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Definitions:

Marketing Implementation

The process of executing the marketing strategy by creating and performing specific actions that will ensure the achievement of the marketing goals.

Strategic Planning

The process of defining a company's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.

Marketing Implementation

The act of implementing marketing strategies and plans into actions to fulfill strategic marketing goals.

Control Mechanisms

The procedures, policies, and rules used to monitor activities and ensure that organizational goals are consistently met.

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