Compute Topp Company’s price-earnings ratio if its common stock has a market value of $20.54 per share and its EPS is$3.95. Its key competitor, Lower Deck, has a PE ratio of 9.5. For which company does the market have higher expectations of future performance?

Goods or money paid by conquered peoples to their conquerors is known as a _____

A. tribute
B. penance
C. tithe
D. sacrifice

Suppose that the reserve requirement for checking deposits is $10$ percent and that banks do not hold any excess reserves.

a. If the Fed sells $\$ 1$ million of government bonds, what is the effect on the economy's reserves and money supply?

b. Now suppose the Fed lowers the reserve requirement to $5$ percent, but banks choose to hold another $5$ percent of deposits as excess reserves. Why might banks do so? What is the overall change in the money multiplier and the money supply as a result of these actions?

"Classify the following statement as positive or normative. Explain.

A reduction in the rate of money growth will reduce the rate of inflation."

Use the key terms to complete the following sentence:

The __________ is the rate banks are charged to borrow money from the Fed.

Do you think Pericles was justified in using the Delian League's money to rebuild Athens? Why or why not?

An engineer earning $68,000 per year wants to retire in 35 years with$2 million and plans to invest in a treasury bond fund. (а) How much money must be invested each year? (b) If this person works 5 additional years, how much money must be invested each year? (c) If the employer does a 100% match of retirement savings up to 4% of the employee's salary, and the engineer wants to retire in 35 years, how much money must each invest annually?

Toward the end of the twentieth century, the U.S. government wanted to save money by closing a small portion of its domestic military installations. While many people agreed that saving money was a desirable goal, people in areas potentially affected by a closing soon reacted negatively. Congress finally selected a panel whose task was to develop a list of installations to close, with the legislation specifying that Congress could not alter the list. Since the foal was to save money, why was this problem so hard to solve?

Divide money amounts by whole numbers.

2a. $\$ 5,832.87 \div 31$
2b. $\$ 31,875.32 \div 30$

Answer these questions about the interest calculation s.

What number of years was the money on deposit in both accounts?

If you have $expertise$ in an area, you have____.

(A) know-how
(B) money
(C) questions
(D) ignorance

Another word for $stability$ (line 12) would be__.

(A) shelter
(B) money
(C) firmness
(D) amusement

How much more money do the 10 students need to raise to increase the means to $25.00? Explain.

In this exercise, identify the independent variable and the dependent variable.

The number of hours, h, worked and the amount of money, m, earned.