Multiple Choice Question 116 Blitzen Corporation had net income of $200000 and paid dividends to...

80.2K

Verified Solution

Question

Accounting

image
Multiple Choice Question 116 Blitzen Corporation had net income of $200000 and paid dividends to common stockholders of $50000 in 2019. The weighted average number of shares outstanding in 2019 was 40000 shares. Blitzen Corporation's common stock is selling for $35 per share on the New York Stock Exchange. Blitzen Corporation's price-earnings ratio is 5.00 times. 9.33 times 5.60 times. 7.00 times

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students