Settles Corporation Has Provided the Following Financial Data: Dividends

question 299

Multiple Choice

Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.The company's price-earnings ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) 19.00
• B) 12.53
• C) 7.46
• D) 1.52

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Definitions:

Interracial

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