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Earnings per Share and Price - Earnings Ratio A company reports the following: a . Determine the company's earnings per share on common stock. Round

Earnings per Share and Price-Earnings Ratio
A company reports the following:
a. Determine the company's earnings per share on common stock. Round your answer to
the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if
required.
b. Determine the company's price-earnings ratio. Round to one decimal place.
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