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Evaluate the common stock of McKnight State Bank as an investment. Specifically, use the three stock ratios to delermine whether the common stock has increased
Evaluate the common stock of McKnight State Bank as an investment. Specifically, use the three stock ratios to delermine whether the common stock has increased or decreased in attractiveness during the past year (Click the icon to view the financial information) Enter the formula on the first line, then calculate price to earnings ratio for both years. (Round all intermediate calculations to three decimal places and the P/E ratios to one decimal place) Market price per share of common stock Earnings per share P/E ratio 2014 times 2013 times
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