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Kucherov's Cap Blasters has annual sales of $220,000 with 9,429 shares of stock outstanding. The firm has a profit margin of 9.1 percent and a

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Kucherov's Cap Blasters has annual sales of $220,000 with 9,429 shares of stock outstanding. The firm has a profit margin of 9.1 percent and a price-sales ratio of 1.20. What is the firm's price- earnings ratio? Round answers to two decimals

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