Smith Reported the Following for 2012 The Price Earnings Ratio and Dividend Payout Were:
A)16

Smith reported the following for 2012. $\begin{array}{llcc} \text { Begining market price } & \$20.00 \\ \text { Average market price } &24.00\\ \text { Ending market price } &26.00\\ \text { Earnings per share: } &\\ \text {Basic } &1.80\\ \text { Diluted } &1.60\\ \text {Cash dividends per share } &1.00\end{array}$

The price earnings ratio and dividend payout were:

A) 16.25 and 62.50%.
B) 16.25 and 65.00%.
C) 17.00 and 62.50%.
D) 15.00 and 62.50%.
E) 15.00 and 60.00%.

Correct Answer:

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