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The following information relates to Conejo Corporation for last year:Book value per share$ 40Par ...

KoolinIt

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9 months ago

The following information relates to Conejo Corporation for last year:Book value per share$ 40Par ...

The following information relates to Conejo Corporation for last year:

Book value per share	$ 40
Par value per share	$ 12
Dividends per share	$ 5
Dividend payout ratio	20%
Dividend yield ratio	10%

What is Conejo's price-earnings ratio for last year?

▸ 1.6

▸ 2.4

▸ 8.0

▸ 2.0

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Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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Thank you, thank you, thank you!

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