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The Following Information Is Available for Morgan Corporation Which of the Following Statements Is Correct?
A) the Price-Earnings

question 62

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The following information is available for Morgan Corporation: 2012$25.00 Market price per share of common stock 1.25 Earnings per share on common stock \begin{array}{|l|l|}\hline2012\\\hline\$ 25.00 & \text { Market price per share of common stock } \\\hline 1.25 & \text { Earnings per share on common stock } \\\hline\end{array} Which of the following statements is correct?

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