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.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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What is the price..given answer Accounting

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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