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Hubbard Company Had 8,000 Shares of Common Stock Outstanding Throughout

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Hubbard Company had 8,000 shares of common stock outstanding throughout the year.The following information is also available:
Hubbard Company had 8,000 shares of common stock outstanding throughout the year.The following information is also available: Required: Calculate the Price/Earnings ratio at the end of the current year. Required:
Calculate the Price/Earnings ratio at the end of the current year.

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EPS = Net income/Average commo...

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