A company reported the following:
Net income$568,620
Preferred dividends$42,120
Shares...
Mathematics, 14.09.2021 14:00 hannahbear16841
A company reported the following:
Net income$568,620
Preferred dividends$42,120
Shares of common stock outstanding54,000
Market price per share of common stock$177.45
Calculate the company's price-earnings ratio. Round your answer to two decimal places.
Answers: 1
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