Loose-end inc had additions to retained earnings for the, Ask an Expert

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Loose-end, Inc., had additions to retained earnings for the year just ended of $642,000. The firm paid out $45,000 in cash dividends, and it has ending total equity of $7.37 million. The company currently has 740,000 shares of common stock outstanding. If the stock currently sells for $30.70 per share, what is the price-earnings ratio?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92810411

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