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Which of the following statements concerning external sources of financing for nonfinancial businesses in Canada is true? 1)
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Answer:

Question 1]

Correct answer: D] Stocks and bonds combined, supply less than one-half of the external funds.

Stocks and bonds combined, supply less than one-half of the external funds statement concerning external sources of financing for nonfinancial businesses in Canada is true rest are false. Stocks are a relatively unimportant source of finance for their activities.

Question 2]

P/E Ratio = Market value per share / Earnings per share

Market value per share = P/E Ratio * Earnings per share

= 30 * 1.50 = 45

Thus option C] $45 is correct answer

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