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Net Income- 120,000 Preferred dividends -N/A weighted average # of common shares-80,000 market price per share is $3 calculate Price earning ratio. Question 18 options:

Net Income- 120,000

Preferred dividends -N/A

weighted average # of common shares-80,000

market price per share is $3

calculate Price earning ratio.

Question 18 options:

	none of them
	3
	2
	1.5

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