Using the information from 12-8, a market price of $25 per common share and 100,000 common shares

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Using the information from 12-8, a market price of $25 per common share and 100,000 common shares outstanding, compute the following for 2014:

1. Earnings per share

2. Price/earnings ratio

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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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