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previous attempt View previous attempt Required information Knowledge Check 01 For the current year, Fitch Company generates net income of $140,000. The company has 40,000

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previous attempt View previous attempt Required information Knowledge Check 01 For the current year, Fitch Company generates net income of $140,000. The company has 40,000 shares of common stock outstanding, and the stock is currently trading at $56 per share. What is the company's price- earnings ratio? Multiple Choice $2.50 $3.50

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