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Banner Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000 in 2005. The weighted average number of shares outstanding in
Banner Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000 in 2005. The weighted average number of shares outstanding in 2005 was 50,000 shares. Banner Corporation's common stock is selling for $50 per share on the New York Stock Exchange. 1. Banner Corp's price earnings ratio is: A. 2 Times B. 5 Times C. 8 Times D. 10 Times
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