Compute the firms price-earnings ratio

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Reagan Corp. has reported a net income of $ 811,900 for the year. The company's share price is $12.45, and the company has 301,640 shares outstanding.

Compute the firm's price-earnings ratio up to two decimal points

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132068413

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