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Calculate net income given the following information: Shares outstanding = $1 000 000 Stock price = $18/share PE ratio = 20 A) 850 000 B)

Calculate net income given the following information:

Shares outstanding = $1 000 000

Stock price = $18/share

PE ratio = 20

A) 850 000

B) 900 000

C) 800 000

D) 750 000

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