Business, 17.03.2020 00:46 dangelovasquez32

Flex Co. just paid total dividends of $1,075,000 and reported additions to retained earnings of $3,225,000. The company has 715,000 shares of stock outstanding and a benchmark PE of 17.3 times. What stock price would you consider appropriate?a. $52.80
b. $17.60
c. $70.40
d. $63.36
e. $66.88

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Flex Co. just paid total dividends of $1,075,000 and reported additions to retained earnings of $3,2...

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