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S. Problem 3-04 (Price Earnings Ratio) ellook Price/Earnings Ratio Reno Revolvers has an EPS of $2.30, a free cash flow per share of $3.20, and

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S. Problem 3-04 (Price Earnings Ratio) ellook Price/Earnings Ratio Reno Revolvers has an EPS of $2.30, a free cash flow per share of $3.20, and a price/free cash flow ratio of 8.0. What is its P/E ratio? Do not round intermediate calculations. Round your answer to two decimal places

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