Question: Question 44 (2 points) Acme Widget, Inc. has 1,000 shareholders who own a total of two million shares of its common stock. The stock currently

 Question 44 (2 points) Acme Widget, Inc. has 1,000 shareholders who

Question 44 (2 points) Acme Widget, Inc. has 1,000 shareholders who own a total of two million shares of its common stock. The stock currently sells for $80 per share. The company earned $8 million after taxes. The annual dividend is $0.50 per share. The company has assets of $125 million and liabilities of $25 million. What is the P-E ratio? a) 10 Ob) 11 c) 13 9 d) 20 e) 25

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