Mathematics, 11.03.2021 21:50, dogwisperer101

Flex Co. just paid total dividends of $700,000 and reported additions to retained earnings of $2,100,000. The company has 565,000 shares of stock outstanding and a benchmark PE of 15.8 times. What stock price would you consider appropriate?

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Flex Co. just paid total dividends of $700,000 and reported additions to retained earnings of $2,100...