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Question 11 That Wich Corp. had additions to retained earnings for the year just ended of $306038. The firm paid out $189568 in cash dividends,

Question 11

That Wich Corp. had additions to retained earnings for the year just ended of $306038. The firm paid out $189568 in cash dividends, and it has ending total equity of $4983075. The company currently has 150,000 shares of common stock outstanding.

The stock currently sells for $77 per share. If the company had sales of $5039217, what is the pricesales ratio?

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