Compute the firms price-earnings ratio

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Reference no: EM132068167

Question: Reagan Corp. has reported a net income of $846,100 for the year. The company share price is $13.71 and the company has 311,400 shares outstanding. Compute the firms price-earnings ratio up to two decimal places. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132068167

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