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Smith reported the following for 2010. Beginning market price $20.00 Average market price 24.00 Ending market price 26.00 Earnings per share: Basic 1.80 Diluted 1.60
Smith reported the following for 2010. Beginning market price $20.00 Average market price 24.00 Ending market price 26.00 Earnings per share: Basic 1.80 Diluted 1.60 Cash dividends per share 1.00 The price earnings ratio and dividend payout were: 1. 16.25 and 62.50% 2. 17.00 and 62.50% 3. 16.25 and 65.00% 4. 15.00 and 62.50% 5. 15.00 and 60.00%
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