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Please show your work... Based on the above information, if net income is S130,000 and interest expense is $40,000 for 2016, and the market price

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Based on the above information, if net income is S130,000 and interest expense is $40,000 for 2016, and the market price is $40, what is the price-earnings ratio on common stock (round to one decimal place)? a. $18.4 b. $19.8 c. $14.9 d. $17.3

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