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Financial information for Accessories Unlimited includes the following selected data: Net income (in millions) $300 Shares outstanding (in millions) 300 Stock price $20.00 What is
- Financial information for Accessories Unlimited includes the following selected data:
Net income (in millions) | $300 |
Shares outstanding (in millions) | 300 |
Stock price | $20.00 |
What is the company's price-earnings ratio?
Multiple Choice:
20.0
40.0
60.0
80.0
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