Question
Robert Corporation had net income of $261,120 and paid dividends to common stockholders of $42,900. They had 54,400 shares of common stock outstanding during the
Determine Robert Corporation's price-earnings ratio (Round to two decimal places).
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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