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Richards Corpocation had net income of $165,425 and paid dividends to common stockholders of $47,000. Is had 50,900 shares of commen stock outstanding during the

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Richards Corpocation had net income of $165,425 and paid dividends to common stockholders of $47,000. Is had 50,900 shares of commen stock outstanding during the entire yeat: Richards Corporation's common stock is selling for $54 per share. The price-earnings ratio is 3. 325 b. 1.00 c. 2300 d. 1662

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