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  3. a company has earnings per share net income of $90

A company has earnings per share net income of $905,000; its weighted-average common shares outstanding...

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Accounting

A company has earnings per share net income of $905,000; its weighted-average common shares outstanding are 181,000. Its dividend per share is $0.50, its market price per share is $89, and its book value per share is $77.50. Its price-earnings ratio equals:

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