What is hermann corporation''s price-earnings ratio


Hermann Corporation had net income of $200,000 and paid dividends to common stockholders of $50,000 in 2012. The weighted average number of shares outstanding in 2012 was 50,000 shares. Hermann Corporation's common stock is selling for $50 per share on the New York Stock Exchange. what is Hermann Corporation's price-earnings ratio ?

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Accounting Basics: What is hermann corporation''s price-earnings ratio
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