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    Fundamentals of Financial Accounting
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    Exam 13: Measuring and Evaluating Financial Performance
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    A Share of Stock Sells for $20
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A Share of Stock Sells for $20

Question 73

Question 73

Multiple Choice

A share of stock sells for $20.The company has $64 million in earnings and 200 million outstanding shares.The Price/Earnings ratio for the company is closest to:


A) 62.5.
B) 200.
C) 0.31.
D) 6.4.

Correct Answer:

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