CorpCo Gathered the Following Information at the End of the Current

question 83

Essay

CorpCo gathered the following information at the end of the current fiscal year:
​ $$\begin{array} { | l | r | } \hline \text { Dividends on common stock } & \$ 125,000 \\\hline \text { Market price per share of common stock } & \$ 115.00 \\\hline \text { Shares of common stock outstanding } & 5,000 \\\hline \text { Dividends on preferred stock } & \$ 65,000 \\\hline \text { Shares of preferred stock outstanding } & 600 \\\hline \text { Earnings per share on common stock } & \$ 102.00 \\\hline \text { Dividends per share of common stock } & \$ 25.00 \\\hline \text { Net income } & \$ 575,000 \\\hline\end{array}$$ ​
What is CorpCo's price-earnings ratio? Round your answer to one decimal place.
​

---

Definitions:

Common Factors

Elements or conditions that are present across different therapeutic approaches and contribute to the effectiveness of therapy.

Outcomes

The results or consequences of an action, intervention, or research study.

Buddhist Ideas

Refers to concepts and teachings from Buddhism, including mindfulness, compassion, and the pursuit of enlightenment.

Life Is Suffering

A fundamental concept in Buddhism, highlighting the pervasive nature of suffering in human life as the first of the Four Noble Truths.