Alpha Corporation Has a Price of $5 a Share,outstanding Shares

question 117

Multiple Choice

Alpha Corporation has a price of $5 a share,outstanding shares of 2.5 million,retained earnings of $1 million dollars,and a dividend yield of 2 percent.It has a price-earnings ratio which is

• A)high,perhaps indicating that people expect future earnings to rise.
• B)high,perhaps indicating that people expect future earnings to fall.
• C)low,perhaps indicating that people expect future earnings to rise.
• D)low,perhaps indicating that people expect future earnings to fall.

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Definitions:

SRY

A gene on the Y chromosome responsible for the initiation of male sex determination in humans.

Y Chromosome

A sex chromosome that is typically present in male individuals and is one of the determinants of male biological sex in humans.

X Chromosome

One of the two sex chromosomes, with females typically having two X chromosomes and males having one X and one Y chromosome.

Menarche

The first menstrual period in a person's life, marking the onset of reproductive capability.