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A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of stock outstanding at a price per share of $14.80. What is the firm's price-earnings ratio?
Cross-Border Flows
The movement of goods, capital, services, people, and data across international borders.
Foreign Direct Investment
Funds deployed by an individual or company from one nation into the business ventures of another country, through the initiation of business activities or the acquisition of business properties.
Subsidiaries
Companies that are owned or controlled by another larger parent company, often operating independently but reporting to the parent corporation.
Immigration
The action of coming to live permanently in a foreign country.
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