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Acme Widget,Inc

question 42

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Acme Widget,Inc.has 1,000 shareholders who own a total of one million shares of its common stock.The stock currently sells for $85 per share.The company earned $5 million after taxes.The annual dividend is $0.50 per share.The company has assets of $125 million and liabilities of $25 million.What is the P-E ratio?


Definitions:

pH

A scale used to specify the acidity or basicity of an aqueous solution, where 7 is neutral, values less than 7 are acidic, and values greater than 7 are basic.

pH

a numeric scale used to specify the acidity or basicity of an aqueous solution, with values below 7 being acidic, above 7 being basic, and 7 being neutral.

pH

A measurement system to determine how acidic or basic a water-based solution is, with a scale that goes from 0 (highly acidic) to 14 (highly basic).

Acetic Acid

An organic compound with the formula CH3COOH, known as the main component of vinegar apart from water, and widely used as a solubility agent and a reagent in the production of chemical compounds.

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