Calculator Robert Corporation had net income of $237,510 and paid dividends to common stockholders of $49,600. They had 52,200 shares of common stock outstanding during the entire year. Robert Corporation's common stock is selling for $58 per share on the New York Stock Exchange. Determine Robert Corporation's price-earnings ratio (Round to two decimal places). Select the correct answer. 4.55 times 12.75 times 1.00 times 16.00 times
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