Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance...
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Accounting
Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10 par stock). The market price per share as of December 31, 2015, was $33.50. Calculate the price-earnings ratio for 2015.
Select one:
a. 2.23
b. 0.44
c. 33.5
d. 22.3
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