Sheridan Corporation had net income of $1940000 and paid dividends to common stockholders of $307000 in 2017. The weighted average number of shares outstanding in 2017 was 776000 shares. Sheridan Corporation's common stock is selling for $45 per share on the NASDAQ. Sheridan Corporation's price-earnings ratio is

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec