Beta Corporation had net income of $325,000 and paid dividends to common stockholders of $50,000 in 2014. The weighted average number of shares outstanding in 2014 was 50,000 shares. Beta Corporation's common stock is selling for $45.50 per share on the New York Stock Exchange. Beta Corporation's price-earnings ratio is

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The Answer of Beta Corporation had net income of $325,000 and paid dividends to common stockholders of $50,000 in 2014. The weighted average number of shares outstanding in 2014 was 50,000 shares. Beta Corporation's common stock is selling for $45.50 per share on the New York Stock Exchange. Beta Corporation's price-earnings ratio is

Beta Corporation Had Net Income of $325,000 and Paid Dividends