A company's shares have a market value of $85 per share. Its net income is $3,500,000, and
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A company's shares have a market value of $85 per share. Its net income is $3,500,000, and its weighted-average common shares outstanding is 700,000. Its price-earnings ratio is
a. 5.9.
b. 425.0.
c. 17.0.
d. 10.4.
e. 41.2.
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