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The Blue Plate has 43,000 shares of stock outstanding. Company sales for the year are $2.2 million and the profit margin is 4.8 percent. What

The Blue Plate has 43,000 shares of stock outstanding. Company sales for the year are $2.2 million and the profit margin is 4.8 percent. What is the current value of the stock if the price-earnings ratio is 8.4? $20.63 $22.20 $25.15 $25.97

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