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Smith Reported the Following for 2012 The Price Earnings Ratio and Dividend Payout Were:
A)16

question 49

Multiple Choice

Smith reported the following for 2012.  Begining market price $20.00 Average market price 24.00 Ending market price 26.00 Earnings per share: Basic 1.80 Diluted 1.60Cash dividends per share 1.00\begin{array}{llcc} \text { Begining market price } & \$20.00 \\ \text { Average market price } &24.00\\ \text { Ending market price } &26.00\\ \text { Earnings per share: } &\\ \text {Basic } &1.80\\ \text { Diluted } &1.60\\ \text {Cash dividends per share } &1.00\end{array}

The price earnings ratio and dividend payout were:

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