« previous next »

Author Question: Suppose you own stock in the Golf Tour Corporation which had earnings of 0.90 per share last year. ... (Read 56 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
on: Jun 24, 2018
Suppose you own stock in the Golf Tour Corporation which had earnings of 0.90 per share last year. If yesterday's closing price was 33.13, what is the price-earnings ratio of the stock? (Round to nearest whole number)
 A) 33:1
  B) 37:1
  C) 22:1
  D) 38:1

Question 2

Kate Davidson signed a simple discount note for 9,000. The discount rate is 5, and the term of the note is 18 months. What is the effective interest rate? (Round to the nearest tenth percent)
 A) 5.4
  B) 6.2
  C) 4.9
  D) 3.8


wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Diverse living organisms share common chemical features Diverse living organisms share common chemical features
With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ... Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ...
Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ... Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ...
Dragon Chinese new year 2023 Dragon Chinese new year 2023
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library