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Waterway Corporation had net income of $211000 and paid dividends to common stockholders of $45000 in 2020. The weighted average number of shares outstanding
Waterway Corporation had net income of $211000 and paid dividends to common stockholders of $45000 in 2020. The weighted average number of shares outstanding in 2020 was 50000 shares. Waterway Corporation's common stock is selling for $84.40 per share on the New York Stock Exchange. Waterway Corporation's price-earnings ratio is 18.0 times. O3.3 times. O 25.4 times. O 20.0 times.
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