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Question 3 5 pts Bernice Co.has $340,000 in net income and the firm has 75,000 shares of stock outstanding. The market price per share is

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Question 3 5 pts Bernice Co.has $340,000 in net income and the firm has 75,000 shares of stock outstanding. The market price per share is $16.50. What is the price-earnings ratio? 4.27 3.98 3.64 3.51 4.32

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