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the following data are for the current fiscal year for Baylor Corporation: Common stock, $20 par (25,000 shares authorized, 20,000 shares issued) $400,000.00 Common stock
the following data are for the current fiscal year for Baylor Corporation: Common stock, $20 par (25,000 shares authorized, 20,000 shares issued) $400,000.00 Common stock market price 35.87 Paid-in capital in excess of par 44,000.00 Retained earnings 265,000.00 Treasury stock (1,000 shares) 20,000.00 Net income 40,000.00 Earnings per share 2.11 What is Baylor's price-earnings ratio?
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
