Excerpts from Stys Corporation's Most Recent Balance Sheet and Income

question 103

Multiple Choice

Excerpts from Stys Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $8.20 per share.
-The price-earnings ratio for Year 2 is closest to:

• A) 5.22
• B) 7.45
• C) 8.20
• D) 4.43

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Definitions:

Original Employment Contract

The initial agreement defining terms and conditions between an employer and employee at the start of employment.

Geographical Area

A specific physical location, defined by natural or artificial boundaries.

Particular Industry

A specific sector of the economy or category of businesses related by a common business interest.

Discriminated Against

Refers to being treated unfairly or less favorably on the basis of personal characteristics, such as race, gender, age, or sexual orientation.