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Rite plc has issued share capital of $145000 comprising of 90000 equity shares of 50cents each and $100 000 10% redemeble preference shares. for the year ended 30 November 2015 profit before tax was $14 400 and profit after tax was $10 800on 30 November
2015, rite plc’s mid-market share equity share price was 84centswhat was the P/E ratio at thatdate
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