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The current market price of Lenovo Inc. is $50 per share. If the Lenovo reported net earnings was $6,000,000 last year and it has a

The current market price of Lenovo Inc. is $50 per share. If the Lenovo reported net earnings was $6,000,000 last year and it has a total outstanding common share of 1.5 million, what is the firms P/E ratio?

		22.80
		12.50
		31.67
		8.80

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