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Question 4 Ti The following amounts were taken from the financial statements of Tree Company: Not yet answered Marked out of 2.00 2020 Total assets
Question 4 Ti The following amounts were taken from the financial statements of Tree Company: Not yet answered Marked out of 2.00 2020 Total assets p Flag question $800,000 Net sales 720,000 Gross profit 352,000 Net income 144,000 Weighted average number of ordinary shares outstanding 120,000 Market price of ordinary shares $30 The price-earnings ratio for 2020 is: a. 30 times b. 25 times c. 4.8 times d. 4 times
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