Recently a larger firm offered to buy a smaller company for $3m. What is the...

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Finance

Recently a larger firm offered to buy a smaller company for $3m. What is the P/E ratio for this smaller company if its Sales=$255k; COGS=$75k; Net Income =$100k; Dividends Paid=$25k; Investments Raised=$1.5m; and Market Value of assets=$2.9m?

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