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The following Information pertains to Diane Company. Assume that all balance sheet amounts represent both aver credit. Number of shares of common stock outstanding 6,000

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The following Information pertains to Diane Company. Assume that all balance sheet amounts represent both aver credit. Number of shares of common stock outstanding 6,000 Market price of common stock $20 Total dividends paid $9,000 Cash provided by operations $30,000 What is the price earnings ratio for Daine Company? 2.5 times 6.0 times 4.0 times 8.0 times

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