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The Number of Shares of Biggie Corporation Stock Outstanding in 2013

Question 104

Multiple Choice

The number of shares of Biggie Corporation stock outstanding in 2013 was 100 million.In 2013,Biggie stock paid a dividend of $2.50 per share and its dividend yield was 2 percent.If the price-earnings ratio is 20,then Biggie's total earnings in 2013 amounted to


A) $15.6 million.
B) $250 million.
C) $160 million.
D) $625 million.

Correct Answer:

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