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Your Company has net income of $600,000. It paid out $30,000 of common stock dividends and $15,000 of preferred stock dividends. It has 255,000 weighted-average

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Your Company has net income of $600,000. It paid out $30,000 of common stock dividends and $15,000 of preferred stock dividends. It has 255,000 weighted-average common shares outstanding, a market value per share of $425, and a book value of $375 per share. What is its price-earnings ratio? 195 185 190 163 Your Company has net income of $600,000. It paid out $30,000 of common stock dividends and $15,000 of preferred stock dividends. It has 255,000 weighted-average common shares outstanding, a market value per share of $425, and a book value of $375 per share. What is its price-earnings ratio? 195 185 190 163

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