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Pharoah Company had net income of $1617000 and paid dividends to common stockholders of $336875 in 2022. The weighted average number of shares outstanding in

Pharoah Company had net income of $1617000 and paid dividends to common stockholders of $336875 in 2022. The weighted average number of shares outstanding in 2022 was 468930 shares. Pharoah Company common stock is selling for $50 per share on the NASDAQ. Pharoah Company price-earnings ratio is
3.4 times.
14.5 times.
4.8 times.
9.6 times.

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