What is the bunting corporation''s price-earnings ratio


Bunting Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000 in 2007. The weighted average number of shares outstanding in 2007 was 50,000 shares. Bunting Corporation's common stock is selling for $50 per share on the New York Stock Exchange.

what is the Bunting Corporation's price-earnings ratio ?

 

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