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Assume a companys stock price is $40 per share. You see that operating income (EBIT) is $500,000 and net income is $400,000. There are 100,000

Assume a companys stock price is $40 per share. You see that operating income (EBIT) is $500,000 and net income is $400,000. There are 100,000 shares of stock. What is this companys P/E ratio?

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