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What are the company price earnings ratio

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    Assignment ID: FG133134466

    Question – The most recent statement of financial position of Executive Paper Corporation shows that the company has R100,000,000 of total equity and 5,000,000 ordinary shares outstanding. The company’s ordinary shares have a market value of R56 per share and its profit for the year was R28,000,000. What are the company’s (1) price earnings (P/E) ratio and (2) market to book ratio?

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