Multiple Choice
A company has a price-earnings ratio of 19.4, earnings per share of $1.68, and paid dividends per share of $0.50. If the company has 25,000 shares outstanding, what was the addition to retained earnings?
A) $31,600
B) $34,300
C) $28,700
D) $29,500
E) $36,400
Correct Answer:
Verified
Related Questions
