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4) What is the price-earnings ratio for a firm that has 60,000 shares outstanding, net income of $430,000, total liabilities of $1,800,000, total assets of

4) What is the price-earnings ratio for a firm that has 60,000 shares outstanding, net income of $430,000, total liabilities of $1,800,000, total assets of $4,100,000, and a share price of $24? O Not to be posted or answered on CHEGG

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