What is the price-earnings ratio? Makers Corp. had additions to retained earnings for the year just ended of $290,000. The firm paid out $193,000 in cash dividends, and it has an ending total equity of $4.98 million. The company currently has 140,000 shares of common stock outstanding.

What is the price-earnings ratio? Makers Corp. had additions to retained earnings for the year just ended of $290,000. The firm paid out $193,000 in cash dividends, and it has an ending total equity of $4.98 million. The company currently has 140,000 shares of common stock outstanding.

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter13: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 25E: For a recent year, OfficeMax and Staples are two companies competing in the retail office supply...

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Given answer financial account

What is the price-earnings ratio?
Makers Corp. had additions to retained earnings for the year just
ended of $290,000. The firm paid out $193,000 in cash dividends,
and it has an ending total equity of $4.98 million. The company
currently has 140,000 shares of common stock outstanding.

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