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Jupiter Explorers has $7,400 in sales. The profit margin is 5 percent There are 4,100 shares of stock outstanding. The market price per share is

Jupiter Explorers has $7,400 in sales. The profit margin is 5 percent There are 4,100 shares of stock outstanding. The market price per share is $1.60. What is the price- earnings ratio? Multiple Choice 14.44

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