On September 30, you observed a market price for a company of $45.62. Upon reviewing the income

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On September 30, you observed a market price for a company of $45.62. Upon reviewing the income statement, you notice that the earnings were $1.36 million with 913,000 shares outstanding.

What is the P/E ratio?

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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Posted Date: May 13, 2023 11:14 AM

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On September 30, you observed a market price for a company of $45.62. Upon reviewing the income

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