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eBook Show Me How Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $320,000 $18,000 20,000 $60.40 a. Determine the company's

eBook Show Me How Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $320,000 $18,000 20,000 $60.40 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. Preferred dividends Shares of common stock outstanding Market price per share of common stock b. Determine the company's price-earnings ratio. Round to one decimal place.
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Earnings per Share and Price-Earnings Ratio A company reports the following: a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. b. Determine the company's price-earnings ratio, Round to one decimal place

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