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Settles Corporation Has Provided the Following Financial Data

Question 254

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Settles Corporation has provided the following financial data: Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. The company's price-earnings ratio for Year 2 is closest to: A) 19.00 B) 12.53 C) 7.46 D) 1.52 Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. The company's price-earnings ratio for Year 2 is closest to: A) 19.00 B) 12.53 C) 7.46 D) 1.52 Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. The company's price-earnings ratio for Year 2 is closest to:


A) 19.00
B) 12.53
C) 7.46
D) 1.52

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