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Lesmerises Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 20

Multiple Choice

Lesmerises Corporation's most recent balance sheet and income statement appear below: Lesmerises Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share. -The price-earnings ratio for Year 2 is closest to: A) 5.70 B) 8.14 C) 4.13 D) 9.50 Lesmerises Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share. -The price-earnings ratio for Year 2 is closest to: A) 5.70 B) 8.14 C) 4.13 D) 9.50 Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $2.85 per share.
-The price-earnings ratio for Year 2 is closest to:


A) 5.70
B) 8.14
C) 4.13
D) 9.50

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