Business
Business, 03.12.2019 17:31, kdfawesome5582

ketchen, inc. provides the following information for 2018: net income $290,000 market price per share of common stock $70 per share dividends paid $190,000 common stock outstanding at jan. 1, 2018 150,000 shares common stock outstanding at dec. 31, 2018 240,000 shares the company has no preferred stock outstanding. calculate the price/earnings ratio of common stock.

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