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A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of sock outstanding at a price per share
A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of sock outstanding at a price per share of $14.80. What is the firm's price- earnings ratio?
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Microeconomics: An Intuitive Approach With Calculus
Authors: Thomas Nechyba
2nd Edition
1305650468, 978-1305650466
