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Q8. The Farmer's Market has $725,000 in sales. The profit margin is 4.1 percent and the firm has 8,500 shares of stock outstanding. The market

Q8. The Farmer's Market has $725,000 in sales. The profit margin is 4.1 percent and the
firm has 8,500 shares of stock outstanding. The market price per share is $23.
What is the price-earnings ratio?
can you show work

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