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Dali Design's net income is $11,000, the market value is $135,000, and the book value of stockholders' equity is $60,000. What is the Price-to-Earnings Ratio

Dali Design's net income is $11,000, the market value is $135,000, and the book value of stockholders' equity is $60,000. What is the Price-to-Earnings Ratio for Dali's?

A. 5.45 B. .18 C. .08 D. 12.27

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