Business, 07.03.2020 01:32, 2605098

Sheffield Corporation had net income of $1600000 and paid dividends to common stockholders of $500000 in 2017. The weighted average number of shares outstanding in 2017 was 320000 shares. Sheffield Corporation's common stock is selling for $50 per share on the NASDAQ. Sheffield Corporation's price-earnings ratio is:

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Sheffield Corporation had net income of $1600000 and paid dividends to common stockholders of $50000...