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A company has net income of $890,000; its weighted-average common shares outstanding are 178,000. Its dividend per share is $1.05, its market price per share
A company has net income of $890,000; its weighted-average common shares outstanding are 178,000. Its dividend per share is $1.05, its market price per share is $100, and its book value per share is $94.00. Its price-earnings ratio equals:
Multiple Choice
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7.05.
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4.95.
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18.80.
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6.00.
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20.00.
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