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What is the price-earnings ratio

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Reference no: EM132635018

Corp. had additions to retained earnings for the year just ended of $366,941. The firm paid out $220,852 in cash dividends, and it has ending total equity of $4,495,618. The company currently has 150,000 shares of common stock outstanding.

If the stock currently sells for $71 per share, what is the price-earnings ratio? (4 decimal places)

Reference no: EM132635018

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