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Reagan corp. has report a net income of $802,500 for the year. The company's share price is $13.49, and the company has 323,520 shares outstanding.
Reagan corp. has report a net income of $802,500 for the year. The company's share price is $13.49, and the company has 323,520 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places.
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