FINC 600 Week 2 Practice Quiz

FINC 600 Week 2 Practice Quiz

Author: Dannie Young

Click link for more description


Question 1 of 15

1.0/ 1.0 Points

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?



D.None of the above.

Feedback: Previous closing = today's closing net chg. = 55.14 - 1.04 = $54.10

Question 2 of 15

1.0/ 1.0 Points

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

1.0/ 1.0 Points

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

Feedback: EPS = 50/10 = $5

See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

26 Sophia partners guarantee credit transfer.

226 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 21 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.