Net income Dividends # of Outstanding shares Share Price $ A A A 567,750 10,200.00 7,350 130

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 22Q: The following is select account information for August Sundries. Sales: $850,360; Sales Returns and...
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Use the following information to calculate Price-Earnings Ratio.
Sales
$
EBIT
Net income
Dividends
# of Outstanding
shares
Share Price
LA LA LA LA
$
$
$
2,082,500
83,300.00
567,750
10,200.00
7,350
130
$
(Round your answer to the nearest hundredth; two decimal places. Also, if your
answer is an even number, enter it with two decimal places; e.g., 34.00)
Transcribed Image Text:Use the following information to calculate Price-Earnings Ratio. Sales $ EBIT Net income Dividends # of Outstanding shares Share Price LA LA LA LA $ $ $ 2,082,500 83,300.00 567,750 10,200.00 7,350 130 $ (Round your answer to the nearest hundredth; two decimal places. Also, if your answer is an even number, enter it with two decimal places; e.g., 34.00)
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