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Today the company announces net income equals $12 million. They have 30 million shares outstanding, and todays share price is $68.21. Find the companys price-to-earnings

Today the company announces net income equals $12 million. They have 30 million shares outstanding, and todays share price is $68.21. Find the companys price-to-earnings ratio.

Select one:

a. 0.27

b. 170.5

c. 156.2

d. 0.19

e. 46.5

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