Determine what skysong inc price-earnings ratio is, Managerial Accounting

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Determine what skysong inc price-earnings ratio is

Problem 1: Skysong, Inc. had net income of $ 1607000 and paid dividends to common stockholders of $ 401750 in 2022. The weighted average number of shares outstanding in 2022 was 482100 shares. Skysong, Inc. common stock is selling for $ 50 per share on the NASDAQ. Skysong, Inc. price-earnings ratio is

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Managerial Accounting: Determine what skysong inc price-earnings ratio is

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