Question
Coronado Corporation had net income of $1560000 and paid dividends to common stockholders of $500000 in 2017. The weighted average number of shares outstanding in
Coronado Corporation had net income of $1560000 and paid dividends to common stockholders of $500000 in 2017. The weighted average number of shares outstanding in 2017 was 260000 shares. Coronado Corporation's common stock is selling for $60 per share on the NASDAQ. Coronado Corporation's price-earnings ratio is
(A) 6.0 times.
(B) 10.0 times.
(C) 5.5 times.
(D) 1.5 times.
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Guidelines For Laboratory Quality Auditing
Authors: Donald C. Singer, Ronald P. Upton
1st Edition
0824787846, 978-0824787844
