Question: explain properly all the answer for General accounting question Please given fast Delta Corp has 50,000 shares of common stock outstanding. The market value per

explain properly all the answer for General accounting question Please given fast

Delta Corp has 50,000 shares of common stock outstanding. The market value per share at the end of the year was $80.00. The company reported net income of $500,000. Dividends paid to common stockholders were $2.00 per share. The tax rate was 25%. What is the company's price-earnings (P/E) ratio at the end of the year? Options: a) 8.00 b) 10.00 c) 12.50 d) 15.00

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