A Company Has Net Income of $850,000

question 178

Multiple Choice

A company has net income of $850,000. It has 125,000 weighted-average common shares outstanding, a market value per share of $115, and a book value of $100 per share. The company's price-earnings ratio equals:

• A) 16.9.
• B) 14.7.
• C) 92.0.
• D) 13.5.
• E) 8.0.

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Definitions:

Unrealistic Goals

Are objectives that are not achievable or practical due to their excessive scope or constraints.

Employee Discipline

Involves measures taken by an organization to enforce rules and correct behavior that does not meet predefined standards, aiming to maintain order and respect within the workplace.

Poor Attendance

The frequent absence from or lack of participation in expected events, such as school or work.

Absenteeism

The practice of regularly staying away from work or school without good reason.