At December 31, 2016, McKinley’s price-earnings ratio was 13.4. For 2016, McKinley’s net income was $660,000, its earnings per share was $7.00, and its annual dividend per share was $4.00. What was the per share market price of McKinley’s stock at December 31, 2016?   Question 19 options:   A)  $53.60   B)  $65.60   C)  $93.80   D)  $40.20

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.