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For Calendar 2017, Budapest Corp

question 75

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For calendar 2017, Budapest Corp.reported net income of $29,280 and earnings per share of $2.46.There were 12,000 common shares outstanding during 2017.On Dec 31, 2017, the market price for Budapest's common shares was $32.To the nearest whole number, what is Budapest's price earnings ratio at Dec 31, 2017?


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