Thomas Publishing has a price of $20 a share,outstanding shares of 2.5 million,retained earnings of $1 million dollars,and a dividend yield of 1 percent.It has a price to 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.
Correct Answer:
Verified
Q99: A checking deposit functions as
A)a medium of
Q100: Which of the following is correct?
A)A large,
Q101: The identity that shows that GDP is
Q125: Which of the following are financial intermediaries?
A)both
Q131: Suppose Sarah Lee Corporation stock has a
Q158: Financial intermediaries are
A)the same as financial markets.
B)individuals
