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Question
hermann corporation had net income of $200,000 and paid dividends to common stockholders of $50,000 in 2012. the weighted average number of shares outstanding in 2012 was 50,000 shares. hermann corporation's common stock is selling for $50 per share on the new york stock exchange. hermann corporation's price-earnings ratio is
a.3 times
b.10 times
c.12.5 times
d.4 times
Answer
This answer is hidden. It contains 1 characters.
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