Question: Question 26 (2 points) During the current year, Zenith Corp. generated $250,000 of net income from $4,000,000 of revenue. Zenith's stock price is $80 per

Question 26 (2 points) During the current year, Zenith Corp. generated

Question 26 (2 points) During the current year, Zenith Corp. generated $250,000 of net income from $4,000,000 of revenue. Zenith's stock price is $80 per share, with 20,000 shares of stock outstanding, and a book value of equity equal to $1,500,000. Compute Zenith's Price/Earnings ratio

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