Bountiful Tractors has a share price of $60, retained earnings of $2 per share, and a dividend yield of 2 percent. What is Bountiful Tractor's price-earnings ratio?

Assume the following exchange rates for today: $1=140 yen and 1 Danish krone = $0.10. We can conclude

A) 1 yen = 280 kr. B) 1 yen = 14 kr. C) 1 kr. = 28 yen. D) 1 kr. = 14 yen.

Which one of the following is the largest component of the money supply (M1) in the United States?

a. demand and other checking deposits b. gold certificates c. credit cards and traveler's checks d. Federal Reserve notes