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A company reported $1,050,000 in net income for the current year. Earnings per share is $1.75, and the year-end market price of the shares is
A company reported $1,050,000 in net income for the current year. Earnings per share is $1.75, and the year-end market price of the shares is $31.50. Calculate the company's price earnings ratio.
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Financial Accounting
Authors: Karen Bird, Gene Imhoff
3rd Edition
0984200541, 9780984200542
