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Question: Rebert Inc. showed the following balances for last year:

1913_Robert Inc.png

Rebert's net income for last year was $3,182,000.

Earnings per Share, Price-Earnings Ratio Refer to the information for Rebert Inc. above. Also, assume that the market price per share for Rebert is $51.50.

Required: 1. Compute the dollar amount of preferred dividends.

2. Compute the number of common shares.

3. Compute earnings per share.

4. Compute the price-earnings ratio.

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