Evaluate the common stock of Tristan Distributing Company as an investment. Specifically, use the three common stock
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2012 2011 Net income. Dividends to common.. Total stockholders' equity at year-end 84,000 93,000 28,000 17,000 575,000 500,000 (includes 90,000 shares of common stock) Preferred stock, 10% Market price per share of common 115,000 115,000 stock at vear-end.... 23.50 15.50
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2012 2011 a Priceearnings ratio 2350 29156 1550 17108 84000 11500 90000 93000 11500 90000 115000 ...View the full answer
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Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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