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If a firm has 99,000 shares of common stock outstanding and has just recorded $44,000 net income, what is its price/eamings ratio if its current

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If a firm has 99,000 shares of common stock outstanding and has just recorded $44,000 net income, what is its price/eamings ratio if its current share price is $40? The price/eamings (PE) ratio is: (Select the best choice below.) 82 100 73 109 91

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