Quasar Corporation’s common stock is selling for $35 per share on the New York Stock Exchange.

Quasar Corporation’s common stock is selling for $35 per share on the New York Stock Exchange.

Quasar
Corporation had net income of $300,000 and paid dividends to common
stockholders of $40,000 in 2014. The weighted average number of shares
outstanding in 2014 was 60,000 shares. Quasar Corporation’s common stock is
selling for $35 per share on the New York Stock Exchange.

Quasar
Corporation’s price-earnings ratio is


Price: £ 45

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