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Miller's Farm has 128,000 shares of stock outstanding sales of $850,000, net income of $56,000. Financial Analyst believe the price earnings ratio for this firm
Miller's Farm has 128,000 shares of stock outstanding sales of $850,000, net income of $56,000. Financial Analyst believe the price earnings ratio for this firm should be 15. Given this information, what should be the current stock price?
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