Calculate the price-earnings ratio and the payout ratio

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Question 1: Oriole, Inc. reported earnings per share of $4 based on a profit after tax of $451,000. The company's common shares were selling at $28 per share. During the same year, the company declared and paid total cash dividends of $90,200. Calculate the price-earnings ratio and the payout ratio.

Reference no: EM132606010

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