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From the Following Data,calculate the Following Ratios for Hastey Corporation

Question 191

Essay

From the following data,calculate the following ratios for Hastey Corporation for 2017:
 Market price per common share $10.00 Net income $50,000 Number of common shares outstanding 20,000 Dividend per common share $0.50\begin{array}{ll}\text { Market price per common share } & \$ 10.00 \\\text { Net income } & \$ 50,000 \\\text { Number of common shares outstanding } & 20,000 \\\text { Dividend per common share } & \$ 0.50\end{array} a_earnings per common share
b_price/earnings ratio
c_dividend yield

Correct Answer:

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a_$50,000/20,000 = $...

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