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1 points Save As Bar Rook Inc. has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of

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1 points Save As Bar Rook Inc. has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of 6 percent and a price sales (price divided by sales per share) ratio of 1.20. What is the firm's price earnings ratio? 15 20 22

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