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Richards Corporation had net income of $291,210 and paid dividends to common stockholders of $59,900. It had 57,100 shares of common stock outstanding during the
Richards Corporation had net income of $291,210 and paid dividends to common stockholders of $59,900. It had 57,100 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $69 per share. The price-earnings ratio is
13.53 times
15.12 times
14.65 times
12.39 times
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