Question
A company has net income of $850,000; its weighted-average common shares outstanding are 170,000. Its dividend per share is $1.45, its market price per share
| A company has net income of $850,000; its weighted-average common shares outstanding are 170,000. Its dividend per share is $1.45, its market price per share is $108, and its book value per share is $106.00. Its price-earnings ratio equals: |
3.45.
2.00.
0.55.
21.60.
21.20.
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Financial Accounting For Non Specialities
Authors: Peter Atrill, Eddie McLaney
2nd Edition
0139833625, 9780139833625
