Star Corporation had net income of $300,000 and paid dividends to common stockholders of $40,000 in 2013.The weighted average number of shares outstanding in 2013 was 50,000 shares.Star Corporation's common stock is selling for $36 per share on the New York Stock Exchange.
-Star Corporation's price-earnings ratio is

Question

Star Corporation had net income of $300,000 and paid dividends to common stockholders of $40,000 in 2013.The weighted average number of shares outstanding in 2013 was 50,000 shares.Star Corporation's common stock is selling for $36 per share on the New York Stock Exchange. 
-Star Corporation's price-earnings ratio is

Quizplus · Accepted Answer

The Answer of Star Corporation had net income of $300,000 and paid dividends to common stockholders of $40,000 in 2013.The weighted average number of shares outstanding in 2013 was 50,000 shares.Star Corporation's common stock is selling for $36 per share on the New York Stock Exchange. 
-Star Corporation's price-earnings ratio is

Star Corporation Had Net Income of $300,000 and Paid Dividends