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The financial information of Bayside Corporation was as follows at the end of the past financial year: Share price Outstanding ordinary shares Profit The financial

The financial information of Bayside Corporation was as follows at the end of the past financial year: Share price Outstanding ordinary shares Profit The financial information of Bayside Corporation was as follows at the end of the past financial year:

Share price Outstanding ordinary shares Profit for the year
R45,20 150 000 R562 500

What was the price/earnings ratio?

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