Business, 09.12.2021 20:50 izzysmith6836

Acme Widget, Inc. has 1,000 shareholders who own a total of one million shares of its common stock. The stock currently sells for $85 per share. The company earned $5 million after taxes. The annual dividend is $0.50 per share. The firm has assets of $125 million and liabilities of $25 million. Required:
What is the P-E ratio?

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Acme Widget, Inc. has 1,000 shareholders who own a total of one million shares of its common stock....