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Jupiter Explorers has $7,200 in sales. The profit margin is 4 percent. There are 6,000 shares of stock outstanding. The market price per share is
Jupiter Explorers has $7,200 in sales. The profit margin is 4 percent. There are 6,000 shares of stock outstanding. The market price per share is $1.40. What is the price-earnings ratio?
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Analysis For Financial Management
Authors: Robert C. Higgins
5th Edition
0256167036, 9780256167030
