Suppose Sarah Lee Corporation stock has a P/E ratio of 8 . This P/E ratio is relatively

a. low, indicating that buyers may expect earnings to rise.
b. low, indicating that buyers may expect earnings to fall.
c. high, indicating that buyers may expect earnings to rise.
d. high, indicating that buyers may expect earnings to fall.

b

Economics

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Everything else held constant, a shift in tastes in the U.S. toward Mexican goods will ________ net exports in the U.S. and cause the quantity of aggregate output demanded to ________ in Mexico

A) decrease; rise B) decrease; fall C) increase; rise D) increase; fall

Economics

The Kennedy Tax Cut, enacted in 1964 after his death, was the first supply-side tax cut used in U.S. history. Its intent was to stimulate the economy by reducing tax rates in order to do what?

(a) Reduce supply (b) Increase production, employment and disposable income (c) Increase government spending (d) Increase the money supply

Economics