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Title: The common stock of Rob's Discount Furniture is currently selling at $65.20 a share. The company ...
Post by: aznhermit101 on Mar 21, 2022
The common stock of Rob's Discount Furniture is currently selling at $65.20 a share. The company adheres to a 60% dividend payout ratio and has a P/E ratio of 19. There are 42,000 shares of stock outstanding. What is the amount of the annual net income for the firm?

▸ $42,338

▸ $36,032

▸ $144,126

▸ $72,064


Title: The common stock of Rob's Discount Furniture is currently selling at $65.20 a share. The company ...
Post by: marlboroman on Mar 21, 2022
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