Which of the following is correct?
A) Joan takes some of her income and buys mutual fund shares.Joan's purchase will be included in the investment category of GDP.
B) If a share of stock in Virtual Pizza Corporation sells for $77,the earnings per share are $5,and the dividend per share is $2,then the P/E ratio is 11.
C) In order to use equity finance,a firm must sell about equal values of stocks and bonds.
D) None of the above is correct.
Correct Answer:
Verified
Q118: In 2013,XYZ Corporation had total earnings of
Q119: Buskin's Corporation has issued 2 million shares
Q120: A high price-earnings ratio for a stock
Q121: Higher education subsidies in the form of
Q122: Alpha Corporation has a price of $5
Q124: A mutual fund
A)is a financial institution that
Q125: Which of the following are financial intermediaries?
A)both
Q126: Which of the following is a financial
Q127: An article in the textbook suggests that
Q128: Which of the following is both a
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