Which of the following statements are true regarding dividends? (You may select more than one answer.)

*A stock dividend commonly indicates management's confidence that the company is doing well.

*A stock dividend increases the number of outstanding shares.

*A stock dividend increases the number of authorized shares.

*Stock dividends are a mechanism to keep the market price of stock affordable

Compute Topp Company's price-earnings ratio if its common stock has a market value of $24.15 per share and its EPS is $4.20. Considering Lower deck, its key competitor, has a PE ratio of 9.5, which company does the market have higher expectations of future performance? Complete this question by entering your answers in the tabs below. Price Earnings Ratio Future Performance Compute Topp Company's price-earnings ratio if its common stock has a market value of $24.15 per share and its EPS is $4.20. Choose Numerator: Price Earnings Ratio 1 Choose Denominator: / Price Earnings Ratio Price Earnings Ratio =