Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A firm has net income of $2,000, 250 shares outstanding, pays a dividend of $3.2 per share, and a share price of $100. Its EPS,

image text in transcribed
image text in transcribed
A firm has net income of $2,000, 250 shares outstanding, pays a dividend of $3.2 per share, and a share price of $100. Its EPS, payout ratio and P/E ratio are, respectively: A. $8; 40%; 12.5 C. $40; 12.5%;8 D. $60; 40%; 12.5 B. $12.5; 60%; 8 QUESTION 4 2 points Save Answer What is the quick ratio of a firm with the following data? Cash and cash equivalent 30; Accounts receivable 60; Inventories: N/A; Total Current Assets 120; Total Current Liabilities 100 B. 0.9 D. Not enough data C. 1.2 A. 1.0 What is the effective annual rate (EAR) of a loan with a stated APR of 6% compounded weekly? A. 5.98% D. 6.18% B. 7.32% C. 6.00% QUESTION 6 2 points Save A What is the rate of return of a $20,000 investment grown to $30,000 in 5 years? C. 8.65% B. 8.45% A. 8.25% D. 8.85%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Finance Governance And Business Cycles Theory And International Comparisons

Authors: Robert E. Krainer

1st Edition

0444510494, 9780444510495

More Books

Students also viewed these Finance questions