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Jupiter Explorers has $8 800 in sales. The profit margin is 4 percent. There are 5,300 shares of stock outstanding with a price of $1.60

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Jupiter Explorers has $8 800 in sales. The profit margin is 4 percent. There are 5,300 shares of stock outstanding with a price of $1.60 per share. What is the company's price-earnings ratio? 28 Multiple Choice 24.09 times 10.89 times 33 21 times 10.63 times a 12.05 times

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