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-9 Multiple Choice Momin Enterprises has sales of $353,000 and a net profit margin of 20.4 percent. There are 15,000 shares of stock outstanding with
-9 Multiple Choice Momin Enterprises has sales of $353,000 and a net profit margin of 20.4 percent. There are 15,000 shares of stock outstanding with a market, price per share of $32.15. What is the price-earnings ratio?
a- 3.30 b- 6.70 c- 2.06 d- 1.37 e- 2.89 Help Save & Exit
Momin Enterprises has sales of $353,000 and a net profit margin of 20.4 percent. There are 15,000 shares of stock outstanding with a market price per share of $32.15. What is the price-earnings ratio? Multiple Choice 3.30 6.70 2.06Step by Step Solution
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