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A firm has a PE ratio of 15, current share price of $45, number of shares outstanding is 100,000 and the value of total equity
A firm has a PE ratio of 15, current share price of $45, number of shares outstanding is 100,000 and the value of total equity is $4.5 M. What is the Net Income ? Group of answer choices
A. $300,000
B. $ 225,000
C. $1.33 M
D.$ 2.25 M
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