Evaluate the common shares of Phillips Distributing Limited as an investment. Specifically, use the three share ratios
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2014 2013 $112,000 96,000 20,000 Het itk n share dividends 25,000 Total shareholders' equity at year-end (includes 80,000 common shares) 500,000 100,000 Market price per common share at year-end....22.50 16.75 5 80,000 100,000
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2014 2013 a Priceearnings ratio 2250 173 1675 152 112000 8000 80000 96000 8000 80000 800 1000 8000 ...View the full answer
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Financial Accounting
ISBN: 978-0133472264
5th Canadian edition
Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin
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