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15 A company has net income of $935,000; its weighted average common shares outstanding are 187,000. Its dividend per share is $0.80, its market price

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15 A company has net income of $935,000; its weighted average common shares outstanding are 187,000. Its dividend per share is $0.80, its market price per share is $95, and its book value per share is $86.50. Its price-earnings ratio equals: Skipped Multiple Choice 19.00. 9.30. 770. 17.30. 8.50

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