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Ariete Explorers Company has a profit margin of 10% and sales of $20,000. It has 5.000 shares outstanding with a price of $2 per share.

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Ariete Explorers Company has a profit margin of 10% and sales of $20,000. It has 5.000 shares outstanding with a price of $2 per share. What is Arctic Explorer price earnings ratio Ceren has $25.000 and she plans on investing this money at 8 percent annual interest until she has accumulated $200,000 How many years from today will it be when she achieves her goal? (Do not round intermediate calculations and round your answer to 2 decimal places, eg. 1247.)

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