What was the companys priceearnings, Financial Management

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What was the companys priceearnings

The common stock of KRJ Enterprises is currently selling for $24.19 per share. Last year the company reported net income of $350 million and there were 200 million shares of common stock outstanding. What was the company's price/earnings ratio? Present your answer to two decimal places. e.g. 20.00.

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Financial Management: What was the companys priceearnings

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