Series 66 Practice Test 14

10 free Series 66 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

Series 66 Practice Test 14Tutor mode

Question 1 of 10

Economic Factors and Business Information

Garrison Foods earned net income of $12 million last year and paid $2 million in preferred dividends. It has 5 million common shares outstanding, pays a common dividend of $0.80 per share, and its stock trades at $30. What is the stock's price-to-earnings ratio?