Calculate the price-earnings ratio and the payout ratio

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Question - Ivanhoe, Inc. reported earnings per share of $5 based on a profit after tax of $454,000. The company's common shares were selling at $25 per share. During the same year, the company declared and paid total cash dividends of $81,720. Calculate the price-earnings ratio and the payout ratio.

Reference no: EM132513918

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