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Monty Corporation had net income of $1611000 and paid dividends to common stockholders of $358000 in 2025. The weighted average number of shares outstanding in 2025 was 596070 shares. Monty Corporation's common stock is selling for $50 per share o the NASDAQ. Monty Corporation's price-earnings ratio is O 2.7 times. 18.5 times. O 4.5 times. O 9.0 times.

Monty Corporation had net income of $1611000 and paid dividends to common stockholders of $358000 in 2025. The weighted average number of shares outstanding in 2025 was 596070 shares. Monty Corporation's common stock is selling for $50 per share o the NASDAQ. Monty Corporation's price-earnings ratio is O 2.7 times. 18.5 times. O 4.5 times. O 9.0 times.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Monty Corporation had net income of $1611000 and paid dividends to common stockholders of $358000 in 2025. The weighted average number of shares outstanding in 2025 was 596070 shares. Monty Corporation's common stock is selling for $50 per share on the NASDAQ. Monty Corporation's price-earnings ratio is O 2.7 times. 18.5 times. O 4.5 times. O 9.0 times.
Transcribed Image Text:Monty Corporation had net income of $1611000 and paid dividends to common stockholders of $358000 in 2025. The weighted average number of shares outstanding in 2025 was 596070 shares. Monty Corporation's common stock is selling for $50 per share on the NASDAQ. Monty Corporation's price-earnings ratio is O 2.7 times. 18.5 times. O 4.5 times. O 9.0 times.
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