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A company has the following items for the fiscal year 2020: Revenue = 10 million Net income = 2 million The company has 0.5 million
- A company has the following items for the fiscal year 2020:
- Revenue = 10 million
- Net income = 2 million
- The company has 0.5 million shares of stock
- Stock price per share = $80
Calculate the companys earnings per share and P/E ratio (You need to show (1) the formula and (2) your calculation process.)
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