Trenton Company has provided the following information: Net income, $240,000; Preferred shares issued, 6,000; Weighted average number of shares of common stock issued, 24,000; Cash dividends declared and paid on common stock, $30,000; Market price per share, $36; Weighted average number of treasury shares of common stock, 4,000. What is Trenton's price/earnings ratio

answer; encouraging the development of innovations by firms attempting to break a monopoly; (creative destruction)

true basically. have an awesome day ya'll.

answer loneliness;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.