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net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000
net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000 shares. the Corporation's common stock is selling for $30 per share on the New York Stock Exchange. the Corporation's P/E ratio for 2010 is
a.
10
b.
5
c.
7.5
d.
6
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