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2 - 14 The most recent balance sheet of Infinity Information Systems ( ITS ) shows that the company has $35 million of common Equity

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2 - 14 The most recent balance sheet of Infinity Information Systems ( ITS ) shows that the company has $35 million of common Equity and ? million shares of common Stock outstanding . The company's common stock has a market value equal to $8 per share . ITS's net income was $ 1 4 million . What are ]IS's ( a ) P/E ratio and ( b ) NN / E ratio ?"

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