Question
A company has net income of $855,000; its weighted-average common shares outstanding are 171,000. Its dividend per share is $1.40, its market price per share
A company has net income of $855,000; its weighted-average common shares outstanding are 171,000. Its dividend per share is $1.40, its market price per share is $107, and its book value per share is $104.50. Its price-earnings ratio equals:
Multiple Choice
-
1.10.
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2.50.
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3.90.
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20.90.
-
21.40
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
3rd Edition
0136070736, 978-0136070733
