H.irkin (.'.omp.my h.is .i m.irket piicr' of $n0 pet sh.ux' on IHxx'inlu'r .H, The lot.il siockhokkas' e(| uity is $2,100,000, .ind llu' lUM inconu' is $S00,000. TIk’ix' aix' 200,000 sh.ires oulst.iiuling. I'ri'U'iixxl di\ klenrls ,ux' $5t),lHH). Tlu' priix'-t'.irnings r.ilio would Ih':

A, .V

b. 15.

10, D. 20, 504 Chapter 12 • Income Taxes, Unusual Income Items, and Investments in Stocks AppendixLO1