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Jupiter Explorers has $5,800 in sales. The profit margin is 4 percent. There are 5,000 shares of stock outstanding, with a price of $1.70 per

Jupiter Explorers has $5,800 in sales. The profit margin is 4 percent. There are 5,000 shares of stock outstanding, with a price of $1.70 per share. What is the company's priceearnings ratio?

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7.89 times

36.64 times

11.56 times

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