Find the companys price-to-earnings ratio

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Reference no: EM13811408

Today the company announces net income equals $12 million. They have 30 million shares outstanding, and today’s share price is $68.21. Find the company’s price-to-earnings ratio.

a. 0.27

b. 170.5

c. 156.2

d. 0.19

e. 46.5

Reference no: EM13811408

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