Lilli Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of common stock outstanding during the entire year. Lilli Corporation's common stock is selling for $35 per share.

The priceearnings ratio is:

A. 7.00

B. 0.03

C. 8.75

D. 5.00

Question

Lilli Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of common stock outstanding during the entire year. Lilli Corporation's common stock is selling for $35 per share.

The priceearnings ratio is:

A. 7.00

B. 0.03

C. 8.75

D. 5.00

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Question

Lilli Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of common stock outstanding during the

Lilli Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of common stock outstanding during the entire year. Lilli Corporation's common stock is selling for $35 per share.

The priceearnings ratio is:

A. 7.00

B. 0.03

C. 8.75

D. 5.00

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