Question: Question 15 (1 point) Reagan Corp. has reported a net income of $803,700 for the year. The company's share price is $12.79, and the company

Question 15 (1 point) Reagan Corp. has reported a net income of $803,700 for the year. The company's share price is $12.79, and the company has 307,060 shares outstanding. Compute the firm's price-earnings ratio up to two decimal places
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