Robert corporation had net income of $183,600 and paid dividends to common stockholders of $58,300. they had 51,000 shares of common stock outstanding during the entire year. robert corporation's common stock is selling for $62 per share on the new york stock exchange. determine robert corporation's price-earnings ratio (round to two decimal places).

answer: 50941

explanation:

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!