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Richards Corporation had net income of $185,808 and paid dividends to common stockholders of $44,800. It had 55,300 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $68 per share. The price-earnings ratio (rounded to two decimal places) is
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Richards Corporation had net income of $185,808 and paid dividends to common stockholders of $44,800...
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