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Oriole, Inc. reported earnings per share of $4based on a profit after tax of $451,000. The company's common shares were selling at $28per share. During

Oriole, Inc. reported earnings per share of $4based on a profit after tax of $451,000. The company's common shares were selling at $28per share. During the same year, the company declared and paid total cash dividends of $90,200. Calculate the price-earnings ratio and the payout ratio.

Price-earnings ratio times?

Payout ratio % ?

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