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A company has net income of $90,000; its weighted-average common shares outstanding are 18,000. Its dividend per share is $0.45, Its market price per share

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A company has net income of $90,000; its weighted-average common shares outstanding are 18,000. Its dividend per share is $0.45, Its market price per share is $88, and its book value per share is $76. Its price-earnings ratio equals: Multiple Choice 90 176 12.5 15 2

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