Question
Marigold Corporation had net income of $202000 and paid dividends to common stockholders of $40000 in 2020. The weighted average number of shares outstanding in
Marigold Corporation had net income of $202000 and paid dividends to common stockholders of $40000 in 2020. The weighted average number of shares outstanding in 2020 was 50000 shares. Marigold Corporation's common stock is selling for $76.76 per share on the New York Stock Exchange. Marigold Corporation's price-earnings ratio is
15.2 times.
3.2 times.
23.7 times.
19.0 times.
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Core Concepts Of Accounting Information Systems
Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman
11th Edition
9780470507025, 0470507020
