The following information was taken from the financial statements of tolbert inc. for december 31 of the current fiscal year: common stock, $20 par (no change during the year) $10,000,000 preferred $4 stock, $40 par (no change during the year) 2,500,000 the net income was $1,750,000, and the declared dividends on the common stock were $1,125,000 for the current year. the market price of the common stock is $45 per share. for the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, a
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The following information was taken from the financial statements of tolbert inc. for december 31 of...
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