URGENT!!! Please help me understand this. A company has net income of $880,000; its weighted-average...
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Accounting
URGENT!!! Please help me understand this.
A company has net income of $880,000; its weighted-average common shares outstanding are 176,000. Its dividend per share is $1.15, its market price per share is $102, and its book value per share is $97.00. Its price-earnings ratio equals:
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