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A Company Has Net Income of $170,016, Earnings Per Share

Question 93

Multiple Choice

A company has net income of $170,016, earnings per share of $3.68, and a return on equity of 14.5 percent. If the stock is currently selling for $96.25, what is the price-book ratio?


A) 3.21
B) 5.02
C) 4.29
D) 4.68
E) 3.79

Correct Answer:

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