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  3. a company reported the following: net income $2

A company reported the following: Net income $233,110 Preferred dividends...

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Accounting

  1. A company reported the following:

    Net income $233,110
    Preferred dividends $17,270
    Shares of common stock outstanding 38,000
    Market price per share of common stock $46.35

    Calculate the company's price-earnings ratio. Round your answer to two decimal places. fill in the blank 1

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