In October 2013,General Motors (GM) posted a price-earnings ratio of 10.13.If the price of the stock at that time was $36 per share,which of the following must have been true?
A) GM's revenues that month were $364.68 million.
B) GM's earnings per share was $3.55.
C) GM's coupon payment was $36 per year.
D) GM's dividend yield for the year was 36.5%.
Correct Answer:
Verified
Q112: If a corporate bond with a face
Q121: A financial security that represents a promise
Q123: When you buy newly-issued shares of Facebook
Q123: What is the central role of financial
Q126: Which of the following does not take
Q127: You have a bond that pays $60
Q128: Raising funds through financial intermediaries is called
A)direct
Q129: A proprietorship or partnership can raise funds
Q136: One of the most widely followed stock
Q140: When the coupon rate on newly issued
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents