Using the information for Obras, Inc., in SE 4, SE 5, and SE 9, compute the price/earnings

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Using the information for Obras, Inc., in SE 4, SE 5, and SE 9, compute the price/earnings (P/E) ratio and dividends yield for 20x6 and 20x7. The company had 10,000 shares of common stock outstanding in both years.

The price of Obras’ common stock was $60 in 20x6 and $40 in 20x7. Comment on the results. (Round computations to one decimal place.)

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Financial Accounting

ISBN: 9780547070025

9th Edition

Authors: Jr. Belverd E. Needles, Marian Powers

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Question Posted: Jun 07, 2024 01:21 AM

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Using the information for Obras, Inc., in SE 4, SE 5, and SE 9, compute the price/earnings

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Financial Accounting

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