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What is the price-earnings ratio

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Reference no: EM132863557

Question - Financial information, amounts in millions of US dollars:

Net sales revenue 2,000

Net income 300

Total assets 3,500

Total liabilities 1,500

Total stockholders' equity 2,000

Shares outstanding, in thousands:

Common stock 12,500

Preferred stock 20

Common stock price, US dollars: 360.00

Required - What is the price/earnings ratio?

Reference no: EM132863557

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