13,14

Columbus Corp. had $410,000 additions to retained earnings for the year. The firm paid out $240,000 in cash dividends, and it has ending total equity of $6.7 million. The company currently has 200,000 shares of common stock outstanding and the stock currently sells for $65 per share. What is the PE ratio? Round it to two decimal places. Your Answer: Answer Columbus Chicken has a debt-equity ratio of 1.8 and its return on assets is 11.4 percent, and total equity is $554,000. What is the net income? $171,137$174,137$176,837$178,637$181,737$184,837