Question: Hello tutor please given General accounting question answer do fast and properly explain all answer Newton Corp. had additions to retained earnings for the year

Hello tutor please given General accounting question answer do fast and properly explain all answer

Newton Corp. had additions to retained earnings for the year of $325,000. The company also paid $215,000 in cash dividends and currently has 150,000 shares of common stock outstanding. The market price per share at year-end is $60. What is the company's Price-Earnings Ratio

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