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Ivanhoe, Inc. reported earnings per share of $5based on a profit after tax of $454,000. The company's common shares were selling at $25per share. During
Ivanhoe, Inc. reported earnings per share of $5based on a profit after tax of $454,000. The company's common shares were selling at $25per share. During the same year, the company declared and paid total cash dividends of $81,720. Calculate the price-earnings ratio and the payout ratio.
Price-earnings ratio
enter Price-earnings ratio in times
timesPayout ratio
enter Payout ratio in percentages
%
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