Q33

Robert Corporation had net income of $190,806 and paid dividends to common stockholders of $46,900. They had 53,900 shares of common stock outstanding during the entire year. Robert Corporation's common stock is selling for $51 per share on the New York Stock Exchange. Determine Robert Corporation's price-earnings ratio (Round to two decimal places). Select the correct answer. 1.00 times 14.41 times 19.00 times 03.54 times