The year-end market price per common share was 12 and there
A company reported net income of $850,000 for the current year.
The year-end market price per common share was $12 and there were 425,000 weighted-average shares of common stock outstanding.
Calculate the company's price-earnings ratio.
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a company reported net income of 850000 for the current yearthe year-end market price per common share was 12 and there
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