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Question 10 That Wich Corp. had additions to retained earnings for the year just ended of $378105. The firm paid out $186978 in cash dividends,

Question 10

That Wich Corp. had additions to retained earnings for the year just ended of $378105. The firm paid out $186978 in cash dividends, and it has ending total equity of $4600340. The company currently has 150,000 shares of common stock outstanding.

If the stock currently sells for $73 per share, what is the price-earnings ratio?

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