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The Green House has a profit margin of 8.9 percent on sales of $350,800. The firm currently has 28,200 shares of stock outstanding at a

The Green House has a profit margin of 8.9 percent on sales of $350,800. The firm currently has 28,200 shares of stock outstanding at a market price of $24.80 per share. What is the price-earnings ratio?

List your answer to two decimal places.

PE Ratio = ?

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