Problem $19$:

Calculate the price$-$to$-$earnings $($P$/$E$)$ ratio for a company with a market price per share of $$40$ and earnings per share of $$4.$

Problem $20$:

A company's income statement shows net income of $$100,000,$ preferred dividends of $$10,000,$ and weighted average common shares outstanding of $50,000.$ Calculate the

company's earnings per share $($EPS$)$ for common stockholders.

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