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Net income available to common shareholders is $140,000 and weighted average number of common shares during the year is 80,000. The market price of each

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Net income available to common shareholders is $140,000 and weighted average number of common shares during the year is 80,000. The market price of each common share is $8.75. The price-earnings ratio is A. 16. B. 4. C. 4.375. D. 5

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