Question
Jupiter Explorers has $8,400 in sales. The profit margin is 3 percent. There are 6,200 shares of stock outstanding. The market price per share is
Jupiter Explorers has $8,400 in sales. The profit margin is 3 percent. There are 6,200 shares of stock outstanding. The market price per share is $1.40. What is the price-earnings ratio?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
