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Company has a net profit margin of 4.6 percent on sales of $1,300,000. The firm currently has 5,000 shares of stock outstanding at a market

Company has a net profit margin of 4.6 percent on sales of $1,300,000. The firm currently has 5,000 shares of stock outstanding at a market price of $68.20 per share. What is the price earnings ratio? Multiple Choice 5.70 5.83 5.58 5.46 5.96

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