### Calculate the price-earnings ratio

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##### Reference no: EM131023192

Daniel Brown owns stock in Eastman Computers. Based on information in its annual report, Eastman Computers has reported after-tax earnings of \$22,000,000 and has issued 10,000,000 shares of common stock. The stock is currently selling for \$48.40 a share. a. Calculate the earnings per share for National Computers. b. Calculate the price-earnings (PE) ratio for National Computers

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