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ABC Corporation has net income of $68,710, a price-earnings ratio of 13.7, and earnings per...

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Question

Accounting

ABC Corporation has net income of $68,710, a price-earnings ratio of 13.7, and earnings per share of $.24. How many shares of stock are outstanding?

A.

13,558
B.

286,292
C.

171,000
D.

20,897
E.

185,745

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