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Jupiter Explorers has $8,600 in sales. The profit margin is 4 percent. There are 4,300 shares of stock outstanding. The market price per share is

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Jupiter Explorers has $8,600 in sales. The profit margin is 4 percent. There are 4,300 shares of stock outstanding. The market price per share is $1.90. What is the price- earnings ratio? Multiple Choice 33.68 5. 20 11.88 23.75 12.92

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