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Franklin Corporation reported net income of $81,000 in Year…
Franklin Corporation reported net income of $81,000 in Year 1. The company had 108,000 shares of $12 par value common stock outstanding and a market price of $42 per share. What is Franklin’s price-earnings ratio?
Franklin Corporation reported net income of $81,000 in Year…
Questions
Frаnklin Cоrpоrаtiоn reported net income of $81,000 in Yeаr 1. The company had 108,000 shares of $12 par value common stock outstanding and a market price of $42 per share. What is Franklin's price-earnings ratio?