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Earnings per Share and Prion-Earnings Ratio A company reports the following: Net Income $155,000 Preferred dividends $9.000 Shares of common stock outstanding 20,000 Market price
Earnings per Share and Prion-Earnings Ratio A company reports the following: Net Income $155,000 Preferred dividends $9.000 Shares of common stock outstanding 20,000 Market price per share of common stock $94.9 a. Determine the company's coming per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement for subsequent requirement, in b. Determine the company's price-atinge ratio. Round to one decimal place
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