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1. A company has net profits of 20 million, a share price of 3.00 and 100 million shares outstanding. From this information, calculate its Price/Earnings

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1. A company has net profits of 20 million, a share price of 3.00 and 100 million shares outstanding. From this information, calculate its Price/Earnings ratio (4 marks) 2. If Just Eat PLC company has a P/E of 100x, which is higher than the FTSE 100's P/E of 21x, what does this tell you about how the stock market views the company's growth prospects

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