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As astiateholder of an bill comparin. you recelve its annual report in the financial statements, the firm reported assets of $11 million. 1.ablitities of $6

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As astiateholder of an bill comparin. you recelve its annual report in the financial statements, the firm reported assets of $11 million. 1.ablitities of $6 milison, after-taxe igs of $2 million, and 767,000 outstanding shares of common stock. a. Calculate the eamings per share of this oll company's common stock. (Round your answer to 2 decimal places. Omit the " $ " sign in your response) Eamings per share b. Assuming a share of this oll company's common stock has a matket value of $40, what is the firm's price-earnings ratio? (Round your intermedinte calculations to 2 decimal places and final answer to the nearest whole number.) Price-eatnings ratio

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