Question: Please provide the accurate answer to this general accounting problem using valid techniques. Barrow Inc. has 50,000 shares of common stock outstanding. The book value

Please provide the accurate answer to this general accounting problem using valid techniques.

Please provide the accurate answer to this
Barrow Inc. has 50,000 shares of common stock outstanding. The book value per share is $55.00, and the market value per share at year-end is $90.00. The company reports a net income of $600,000. Interest on long- term debt was $60,000. Dividends paid to common stockholders were $2.00 per share. The tax rate is 25%. What is the company's price-earnings ratio at the end of the year

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