The market price of friden company's common stock increased from $15 to $18. earnings per share of common stock remained unchanged. what would happen to the company's price-earnings ratio? a. remain unchanged b. impossible to determine. c. increase d. decrease

Option (C) is correct.

Explanation:

Given that,

Old market price of stock = $15

New market price of stock = $18

Here, we assume that EPS be $5.

So,

Price-earning ratio at old price =

                                                   =  

                                                   = 3

Price-earning ratio at New price =

                                                   =  

                                                   = 3.6

Hence, price-earnings ratio increases.

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answer; because many corporate watch groups will discover and publicize unethical behavior by suppliers, link it to the american company, and harm its reputation;