Richards Corporation had net income of $166,152 and paid dividends to common stockholders of $48,100. It had 51,600 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $70 per share. The price-earnings ratio (rounded to two decimal places) is
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Richards Corporation had net income of $166,152 and paid dividends to common stockholders of $48,100. It had 51,600 shares of common stock ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Equilibrium is defined when
Answers (2)
The demand for Manufacturing jobs is y decreasing increasing, slowly changing. remaining constant. Save and Exit Next EXE Submit Mark this and retum
Answers (1)
A matrix team for an aerospace company may consist of a project manager, a finance expert, a marketing specialist, a member of production, and two design engineers. a. True b. False
Answers (1)
12. The real risk-free rate is 3%, and inflation is expected to be 3% this year, 4% next year, and 3.5% thereafter. The maturity risk premium is estimated to be 0.05 X (t-1) % where t = number of years to maturity.
Answers (1)
Being an effective team leader means satisfying a demand set of essential operating responsibilities and requirements while still promoting the creativity, leadership ability, and cohesiveness of team members. A. True B. False
Answers (1)
New Questions in Business
Which of the following statements is true about using fonts in business documents? A. Sans serif fonts, such as Arial, are best in business letters and emails. B. Use as many different types of fonts in a business letter as you can. C.
Answers (1)
In creating the Wii, how did Nintendo ensure a supply of complements that would motivate customers to adopt its new video game format? a. Nintendo made only a select number of games to run exclusively on the Wii system. b.
Answers (1)
Suppose that B2B, Inc., has a capital structure of 35 percent equity, 16 percent preferred stock, and 49 percent debt. Assume the before-tax component costs of equity, preferred stock, and debt are 14.5 percent, 11.0 percent, and 9.
Answers (1)
C. explain the court's guidelines for deciding discrimination cases.
Answers (1)
Changing workplace procedures tends to be counterproductive
Answers (1)