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The company has 30,000 shares of common stock outstanding, each currently trading at $21.4. Earnings per share ( EPS )= Net income / Number of

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The company has 30,000 shares of common stock outstanding, each currently trading at \$21.4. Earnings per share ( EPS )= Net income / Number of shares outstanding =62,310/30,000=2.077 What is the price-earnings ratio? Correct 2 P/E ratio = Price per share / Earnings per share =21.4/2.077=10.3 Try again

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