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Business, 05.10.2020 01:01 sophiaa23

e−Bay Inc. provides the following information for the year 2015: Net income $250,000 Market price per share of common stock $50 per share Dividends paid $180,000 Common stock outstanding at Jan. 1, 2015 150,000 shares Common stock outstanding at Dec. 31, 2015 200,000 shares The company has no preferred stock outstanding. Calculate the price/earnings ratio of common stock.

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e−Bay Inc. provides the following information for the year 2015: Net income $250,000 Market price pe...
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