Blue Corporation reported earnings per share of common stock at $ 1 2 in 2 0 1

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Question:

Blue Corporation reported earnings per share of common stock at $

12

2017

and paid dividends of $

3

per share. The current market price per share is $

102

and the book value per share is $

54 .

Blue Corporation has no preferred stock. How much is the company

s price

-

earnings ratio?

Posted Date: May 11, 2024 05:10 AM

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Blue Corporation reported earnings per share of common stock at $ 1 2 in 2 0 1

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Expert Answer:

Answer To calculate the priceearnings PE ratio we need to use the formula PE ratio M... View the full answer

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