Beta Corporation had net income of $325000 and paid dividends to common stockholders of $39000 in 2021.The weighted average number of shares outstanding in 2021 was 50000 shares.Beta Corporation's common stock is selling for $52 per share on the New York Stock Exchange.Beta Corporation's price-earnings ratio is

Question

Quizplus · Accepted Answer

The Answer of Beta Corporation had net income of $325000 and paid dividends to common stockholders of $39000 in 2021.The weighted average number of shares outstanding in 2021 was 50000 shares.Beta Corporation's common stock is selling for $52 per share on the New York Stock Exchange.Beta Corporation's price-earnings ratio is

Beta Corporation Had Net Income of $325000 and Paid Dividends