At December 31, 2019, Van Devenders price-earnings ratio was 13.4. For 2019, Van Devenders net income was $660,000, its earnings per share was $7.00, and
At December 31, 2019, Van Devenders price-earnings ratio was 13.4. For 2019, Van Devenders net income was $660,000, its earnings per share was $7.00, and its annual dividend per share was $4.00. What was the per share market price of Van Devenders stock at December 31, 2019? Group of answer choices $93.80 $65.60 $53.60 $40.20
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Authors: Dennis Jennings, John Brady, Rich Shappard, Craig Friou
8th Edition
0940966328, 978-0940966321
