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aznhermit101 aznhermit101
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2 years ago
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
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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marlboromanmarlboroman
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2 years ago
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aznhermit101 Author
wrote...

2 years ago
this is exactly what I needed
Mcb
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Yesterday
Good timing, thanks!
ethom947
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2 hours ago
Thanks for your help!!
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