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Industrial Products has total assets of $627,000 and total liabilities of $328,400. Net in

Industrial Products has total assets of $627,000 and total liabilities of $328,400. Net in

Industrial Products has total assets of $627,000 and total liabilities of $328,400. Net income for the year is $78,000. The firm has 24,000 shares of stock outstanding, and a market-to-book ratio of 5.1.

What is the P/E (price-earnings ratio)?

Abhinav 04-Dec-2019

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