Question
A company has earnings per share net income of $860,000; its weighted-average common shares outstanding are 172,000. Its dividend per share is $1.35, its market
| A company has earnings per share net income of $860,000; its weighted-average common shares outstanding are 172,000. Its dividend per share is $1.35, its market price per share is $106, and its book value per share is $103.00. Its price-earnings ratio equals: |
4.35.
1.65.
21.20.
20.60.
3.00.
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Financial Accounting
Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby
4th Canadian Edition
0070001499, 9780070001497
