The following data pertain to ABC Corporation for the calendar year 2012: Net Income P 240, 000 Dividends paid on ordinary share 120, 000 Ordinary share outstanding (unchanged during the year) 300, 000shares The market price per share of ABC’s ordinary share at December 31, 2012 was P12. The price-earnings ratio at December 31, 2012 was a. 9.6 to 1 c. 15.0 to 1 b. 10.0 to 1 d. 30.0 to 1
The following data pertain to ABC Corporation for the calendar year 2012: Net Income P 240, 000 Dividends paid on ordinary share 120, 000 Ordinary share outstanding (unchanged during the year) 300, 000shares The market price per share of ABC’s ordinary share at December 31, 2012 was P12. The price-earnings ratio at December 31, 2012 was a. 9.6 to 1 c. 15.0 to 1 b. 10.0 to 1 d. 30.0 to 1
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 12RE: Given the following year-end information, compute Greenwood Corporations basic and diluted earnings...
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The following data pertain to ABC Corporation for the calendar year 2012:
Net Income P 240, 000
Dividends paid on ordinary share 120, 000
Ordinary share outstanding (unchanged
during the year) 300, 000shares
The market price per share of ABC’s ordinary share at December 31, 2012
was P12. The price-earnings ratio at December 31, 2012 was
a. 9.6 to 1 c. 15.0 to 1
b. 10.0 to 1 d. 30.0 to 1
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