Toledo corporation price-earnings ratio

Reference no: EM13149838

Toledo Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000 in 2009. The weighted average number of shares outstanding in 2009 was 50,000 shares. Toledo Corporation's common stock is selling for $50 per share on the New York Stock Exchange.

Toledo Corporation's price-earnings ratio is:

a. 5 times.

b. 10 times.

c. 8 times.

d. 2 times.

Reference no: EM13149838

Questions Cloud

What is your effective annual interest rate : If you move to a larger house in 10 years and pay off the loan, what is your effctive annual interest rate? d) If you are transferred in 3 years, what is your effective annual interest rate?

What would be the final volume of the gas : If a gas held at constant pressure had an initial volume of 5.00 L and the temperature changed from 35°C to 578 K what would be the final volume of this gas?

Find the value of x that gives maximum profit : A company estimates its annual expenses, Y, in dollars from Y = 0.235X^2+7X+4 and annual revenue in dollars from 0.215X ^2+ 16X where X is annual units sold. Find the value of X that gives maximum profit. Round to nearest integer

Joint- processing costs for a year : Phoenix Corporation has a joint process that produces three products: X, Y, and Z. Each product may be sold at split-off or processed further and then sold. Joint- processing costs for a year amount to $100,000. Other relevant data are as follows:

Toledo corporation price-earnings ratio : Toledo Corporation's common stock is selling for $50 per share on the New York Stock Exchange. Toledo Corporation's price-earnings ratio is:

What is the expected number of coupons a counter employee : Throughout the company’s franchises, the probability is 0.60 that a meal lwill be served with in 45 seconds. What is the expected number of coupons a counter employee will receive when serving the regional manager?

Aspirin is a monoprotic acid called acetylsalicylic acid : Aspirin is a monoprotic acid called acetylsalicylic acid. Its formula is HC9H7O4. A certain pain reliever was analyzed for aspirin by dissolving 0.431 g of it in water and titrating it with 0.0430 M KOH solution.

How is the equilibrium price determined : How is the equilibrium price determined? What happens if the price is above the equilibrium price? What happens if the price is below the equilibrium price?

How much heat is absorbed : if it takes 6.02 kJ of heat energy to melt a mole of ice, how much heat is absorbed when 6.30 g of water melts?

User Account

All Pages