Question 1 of 15
If the Wall Street Journal Quotation for a company has the following values close: 55.14; Net
chg: = + 1.04; then the closing price for the stock for the previous trading day was?
A.$56.18
B.$54.10
C.$55.66
D. None of the above.
Previous closing = today’s closing net chg = 55.14 – 1.04 = $54.10
Question 2 of 15
The value of a common stock today depends on:
A. Number of shares outstanding and the number of shareholders
B. The expected future dividends and the discount rate
C. The Wall Street analysts
D. Present value of the future earnings per share
Question 3 of 15
Company X has a P/E ratio of 10 and a stock price of $50 per share. Calculate earnings per
share of the company.
A.$6 per share
B.$10 per share
C.$0.20 per share
D.$5 per share