Multiple Choice
Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: 
Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share.
-The price-earnings ratio for Year 2 is closest to:
A) 8.22
B) 15.26
C) 17.80
D) 10.68
Correct Answer:
Verified
Correct Answer:
Verified
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