Question
Vaughn Manufacturing had net income of $ 1607000 and paid dividends to common stockholders of $ 401750 in 2022. The weighted average number of shares
Vaughn Manufacturing had net income of $1607000 and paid dividends to common stockholders of $401750 in 2022. The weighted average number of shares outstanding in 2022 was 610660 shares. Vaughn Manufacturing common stock is selling for $60 per share on the NASDAQ. Vaughn Manufacturing price-earnings ratio is
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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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