Question
Your Corporation has net income of $950,000; its weighted-average common shares issued are 339,286 and the weighted average shares outstanding are 250,000. Its dividend per
Your Corporation has net income of $950,000; its weighted-average common shares issued are 339,286 and the weighted average shares outstanding are 250,000. Its dividend per share is $0.45, its market price per share is $90, and its book value per share is $75. What is its price-earnings ratio?
Group of answer choices
21.28
19.74
32.14
23.68
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
14th edition
978-1259284861, 1259284867, 77862392, 978-0077862398
