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25-10-2022
Business

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southern foods has net income of $39,900, net sales of $318,600, total assets of $663,000, common stock of $106,800 with a par value of $1 per share (price of equity), and retained earnings of $224,400. the stock has a market value of $5.45 per share. what is the price-earnings ratio? a) 17.12 b) 19.94 c) 12.82 d) 14.59 e) 16.64

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