Maxwell Corporation had net income of $200,000 and paid cash dividends of $50,000 to its common stockholders for the current year. The weighted average number of common shares outstanding at year-end was 50,000. Maxwells $10, par value common stock is currently selling for $50 per share on the New York Stock Exchange. The price-earnings ratio for Maxwell Corporation is

2.50 times.

12.50 times.

16.67 times.

3.33 times.

Given the following data for Marigold Corp., compute cost of goods manufactured:

Direct materials used	$30000		Beginning work in process	$20000
Direct labor	110000		Ending work in process	10000
Manufacturing overhead	90000		Beginning finished goods	25000
Operating expenses	85000		Ending finished goods	15000

$220000

$240000

$230000

$250000