One company reports the following: Net Income $410,000 preferred dividends $60,000 common shares outstanding 50,000 Market price
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Question:
One company reports the following:
Net Income | $410,000 |
preferred dividends | $60,000 |
common shares outstanding | 50,000 |
Market price per common share | $84 |
to. Determine the company's earnings per share in common stock.
$
b. Determine the price-earnings ratio of the company
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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