Mathematics
Mathematics, 06.02.2021 21:10, IdkHowToDoMath

Richards Corporation had net income of $250000 and paid dividends to common stockholders of $50000. It had 50000 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $35 per share. The price earnings ratio is?

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Richards Corporation had net income of $250000 and paid dividends to common stockholders of $50000....

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