[Solved] 272.Square D's has $42,700 in sales and a

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272.Square D's has $42,700 in sales and a profit margin of 7.2 percent. There are 5,700 shares of stock outstanding at a market price per

272.Square D's has $42,700 in sales and a profit margin of 7.2 percent. There are 5,700 shares of stock outstanding at a market price per share of $13.20. What is the price-earnings ratio? A. 7.12 B. 17.63 C. 24.47 D. 26.08 E. 29.00

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