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Exercise 16-41 Earnings per Share, Price-Earnings Ratio Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert
Exercise 16-41 Earnings per Share, Price-Earnings Ratio Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is $51.50. Required: 1.Compute the dollar amount of preferred dividends. 2.Compute the number of common shares. 3.Compute earnings per share. (Note: Round to two decimals.) 4.Compute the price-earnings ratio. (Note: Round to the nearest whole number.)
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