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# FINC 600 Week 2 Practice Quiz

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Author: Dannie Young
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http://homework.plus/finc-600-week-2-practice-quiz/

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?

A.\$56.18

B.\$54.10

C.\$55.66

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

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