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A company reported the following: Net income $233,110 Preferred dividends $17,270 Shares of common stock outstanding 38,000 Market price per share of common stock $46.35
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A company reported the following:
Net income $233,110 Preferred dividends $17,270 Shares of common stock outstanding 38,000 Market price per share of common stock $46.35 Calculate the company's price-earnings ratio. Round your answer to two decimal places. fill in the blank 1
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