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Data for Newark State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Newark State Bank as an investment. Specifically,
Data for Newark State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Newark State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Round to two decimal places. Begin by selecting the formula to calculate the price/earnings ratio. Price/earnings ratio = Data table
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