Question
Urartian Sculpting Inc. has a profit margin of 7.56 percent on sales of $508,000. The firm currently has 34,800 shares of stock outstanding at a
Urartian Sculpting Inc. has a profit margin of 7.56 percent on sales of $508,000. The firm currently has 34,800 shares of stock outstanding at a market price of $14.75 per share. What is the price-earnings ratio?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrod Harford, David Stangeland, Andras Marosi
3rd Canadian Edition
0135418178, 978-0135418178
