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I need help finding the price earnings ratio. This is the info. needed to calculate it: Net Income = $3,000,000 Preferred Dividends = $100,000 Shares
I need help finding the price earnings ratio. This is the info. needed to calculate it:
Net Income = $3,000,000
Preferred Dividends = $100,000
Shares of Common Stock Outstanding = 200,000
Total Market Value of Stock = $25,000,000
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