A Company Reported $990,000 in Net Income for the Current

question 174

Short Answer

A company reported $990,000 in net income for the current year.Total weighted-average number of common shares outstanding are equal to 150,000 shares and the year-end market price is $79.20 per common share.Calculate the company's price-earnings ratio.

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Definitions:

Recruitment Function

The process within human resources aimed at attracting and selecting qualified candidates for job positions.

Direct Costs

Expenses that can be directly attributed to the production of specific goods or services, such as raw materials and labor.

Rare Job Skills

Rare job skills are unique or uncommon abilities that are highly valued in the job market and often lead to competitive advantages for those who possess them.

Work Attitude

The feelings and perceptions that an employee has towards their work, influencing their motivation and job performance.