Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company has recently declared a dividend of 12 c

A company has recently declared a dividend of 12 cents per share. The share price...

70.2K

Verified Solution

Question

Accounting

A company has recently declared a dividend of 12 cents per share. The share price is $3.72 cumdiv and earnings for the most recent year were 60 cents per share. What is the P/E ratio?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

emitted out to the number of quanta absorbed A photon of 300 nm is absorbed...

Physics
Q

(a) A block of mass m = 3.90 kg is suspended as shown in the diagram...

Physics
Q

Define and Explain \"Group Dynamics\". 400 words at least and not more than 2 pages. (submit...

Psychology
Q

Purpose: To have a better understanding of time management skills Directions: Watch the Ted talk...

Biology
Q

Find the slope of the line graphed below S 4 en

Basic Math
Q

Use Synthetic Division to determine each quotient and remainder if necessary If possible use the...

Basic Math
Q

What does the queue discipline refer to

Accounting
Q

Jai Raines is the sole shareholder of Jai Ltd. Summer Kauffman is the sole shareholder...

Accounting
Q

Culver Inc. loans money to John Kruk Corporation in the amount of $960,000. Culver accepts...

Accounting
Q

TF: Under the last -- in, first -- out (LIFO)method, the cost of goods sold...

Accounting
Q

Puget Sound Divers is a company that provides diving services such as underwater ship repairs...

Accounting
Q

Un comprador que utiliza un sistema de inventario perpetuo registra el costo de envo de...

Accounting