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Assume a company's 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 company's 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 company's P/E ratio

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