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  3. a company has a market value per share of $59. its

A company has a market value per share of $59. Its net income is $1,720,000...

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Accounting

A company has a market value per share of $59. Its net income is $1,720,000 and the weighted-average number of shares outstanding is 351,000. The company's price-earnings ratio is equal to (rounded):

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