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During the most recent fiscal year, Dongata Industries earned net income after tax of $3,288,000.The company paid preferred share dividends of $488,000 and common share dividends of $1,000,000. The current market price of Dongata’s common shares is $56 per share, outstanding shares are 350000, calcuate the PE? A. 7 B. 8 C. 6 D. 9 |