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Moria, Inc., had additions to retained earnings for the year just ended of $486,000. The firm paid out $175,000 in cash dividends, and it has

Moria, Inc., had additions to retained earnings for the year just ended of $486,000. The firm paid out $175,000 in cash dividends, and it has ending total equity of $6.825 million. If the stock currently sells for $46 per share, what is the PE Ratio? Do not round intermediate calculations and round your answer to two decimal places (e.g., 32.16)

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