Multiple Choice
Dadisman Corporation's most recent balance sheet and income statement appear below:
Dividends on common stock during Year 2 totaled $30 thousand. Dividends on preferred stock totaled $20 thousand. The market price of common stock at the end of Year 2 was $6.75 per share.
-The price-earnings ratio for Year 2 is closest to:
A) 13.50
B) 5.40
C) 9.64
D) 6.75
Correct Answer:

Verified
Correct Answer:
Verified
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