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1.If a firm has 102,000 shares of common stock outstanding and has just recorded $42,000 net income, what is its price/earnings ratio if its current

1.If a firm has 102,000 shares of common stock outstanding and has just recorded $42,000 net income, what is its price/earnings ratio if its current share price is $38? a. 74 b. 93 c. 112 d. 102 e. 84...

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