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Business, 09.12.2019 19:31 Kriszzznizzle

Tronnes corporation's net income last year was $1,750,000. the dividend on common stock was $2.60 per share and the dividend on preferred stock was $2.50 per share. the market price of common stock at the end of the year was $57.70 per share. throughout the year, 300,000 shares of common stock and 100,000 shares of preferred stock were outstanding. the price-earnings ratio is closest to

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Tronnes corporation's net income last year was $1,750,000. the dividend on common stock was $2.60 pe...
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