Corpco gathered the following information as of the end of the current fiscal year:
dividend...
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Business, 09.10.2019 01:00 PatienceJoy
Corpco gathered the following information as of the end of the current fiscal year:
dividends on common stock $125,000
market price per share of common stock $115
shares of common stock outstanding 5,000
dividends on preferred stock $65,000
shares of preferred stock outstanding 600
earnings per share on common stock $102
dividends per share of common stock $25
net income $575,000
what is corpco's price-earnings ratio? round your answer to one decimal place
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