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Bernice's has $823,000 in sales. The profit margin is 4.2 percent, and the firm has 5,700 shares of stock outstanding. The market price per share

Bernice's has $823,000 in sales. The profit margin is 4.2 percent, and the firm has 5,700 shares of stock outstanding. The market price per share is $43.18. What is its price-earnings ratio?

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