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Business, 01.07.2020 17:01 brianrodriguez2005

Trenton Company has provided the following information: Net income, $240,000; Preferred shares issued, 6,000; Weighted average number of shares of common stock issued, 24,000; Cash dividends declared and paid on common stock, $30,000; Market price per share, $36; Weighted average number of treasury shares of common stock, 4,000. What is Trenton's price/earnings ratio

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Trenton Company has provided the following information: Net income, $240,000; Preferred shares issue...
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